Get to know Kuaishou, the trending platform from China.
Get to know Kuaishou, the trending platform from China.
Kuaishou (Kuaishou) is a platform that aggregates short 15-20 second video content (like TikTok) that is trending in China. Its monthly active users reach 776 million. While not comparable to Douyin, Kuaishou still has ⅓ of Douyin's daily active users.
Kuaishou can also connect to mobile gaming platforms. Resulting in an additional share of revenue and in the E-Commerce part, Kuaishou will receive a commission. from the sale of products by users that can connect to JD.com or Alibaba
Kuaishou IPO
- Kuaishou will issue 365 million shares, priced between 105 and 115 Hong Kong dollars.
Nearly $30 billion in additional funding from Saudi Aramco. December 2019
- Investors interested in Kuaishou include Temasek, BlackRock, Fidelity, Invesco, etc.
- The IPO will focus on profit. and expand the user base
Interesting risk factors
- Long-term profitability is where Kuaishou strives to maintain a healthy relationship with users and content creators.
- Tech company control measures strict from the government that may affect the reputation and credibility of the company
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