Core Viewpoint - Kuaishou Technology announced a special dividend of HKD 0.46 per share, totaling approximately HKD 2 billion, reflecting the board's confidence in the company's long-term growth prospects and robust financial condition [1] Financial Performance - In Q2, Kuaishou reported total revenue of CNY 35 billion, representing a year-on-year increase of 13.1% [1] - Adjusted net profit for Q2 reached CNY 5.6 billion, with a year-on-year growth of 20.1% [1] - The adjusted net profit margin achieved a historical high, indicating improved profitability [1] Shareholder Returns - The special dividend distribution demonstrates the company's commitment to enhancing shareholder returns while maintaining financial and operational flexibility for long-term business development [1] - The company plans to consider various methods for returning value to shareholders, including share buybacks and dividend distributions, depending on future circumstances [1]

Core Insights - Kuaishou Technology reported Q2 2025 revenue of 35 billion RMB, a year-on-year increase of 13.1% [1] - Adjusted net profit for the same period was 5.6 billion RMB, reflecting a year-on-year growth of 20.1% [1] - Gross margin and adjusted net profit margin stood at 55.7% and 16.0%, respectively [1] Revenue Structure - Online marketing services, live streaming, and other services (including e-commerce and Keling) contributed 56.4%, 28.7%, and 14.9% to total revenue [1] - Overseas business revenue reached 1.3 billion RMB in Q2, marking a year-on-year increase of 20.5% [1] Online Marketing Services - Revenue from online marketing services was 19.8 billion RMB, up 12.8% year-on-year, with growth rate improving compared to Q1 [1] - The company expanded its customer base and optimized marketing solutions using AI technology, enhancing marketing efficiency [1] - AIGC solutions for marketing materials have improved conversion rates by adapting to industry characteristics and usage scenarios [1] E-commerce Performance - E-commerce GMV for Q2 reached 358.9 billion RMB, a year-on-year increase of 17.6% [1] - Monthly active buyers in the e-commerce segment reached 134 million, showing continuous growth [1] - The share of general merchandise e-commerce GMV exceeded 32% of total e-commerce GMV [1] Live Streaming Business - Revenue from the live streaming segment was 10 billion RMB, reflecting an 8% year-on-year growth [2] - The number of signed guilds increased by over 20% year-on-year, while the number of signed streamers grew by over 30% [2] Recruitment and Local Services - Daily resume submissions in the recruitment business grew by over 40%, with two-way matching scale increasing by over 150% [2] - The Ideal Home business saw daily lead generation grow by over 60% [2] - Local life services GMV experienced steady growth, with revenue increasing by nearly 120% year-on-year [2] Keling AI Business - Keling AI revenue exceeded 250 million RMB in Q2 2025, indicating accelerated commercialization [2]

Core Viewpoint - Kuaishou Technology (01024) reported a strong Q2 performance with total revenue of 35 billion yuan, reflecting a year-on-year growth of 13.1%, and an adjusted net profit of 5.6 billion yuan, up 20.1%, indicating robust financial health and growth potential [1] Financial Performance - Total revenue for Q2 reached 35 billion yuan, representing a year-on-year increase of 13.1% [1] - Adjusted net profit was 5.6 billion yuan, showing a year-on-year growth of 20.1% [1] - Adjusted net profit margin reached a historical high, demonstrating improved profitability [1] Dividend Announcement - The company announced a special dividend of 0.46 HKD per share, totaling approximately 2 billion HKD, to be paid in cash to shareholders registered by September 16 [1] - The dividend reflects the board's confidence in the company's long-term growth prospects and solid financial condition [1] Shareholder Return Commitment - Kuaishou emphasized its commitment to enhancing shareholder returns while maintaining financial and operational flexibility for long-term business development [1] - The company will consider various methods for shareholder returns, including share buybacks and dividend distributions, depending on future circumstances [1]

Core Insights - Kuaishou Technology reported record highs in both traffic and profitability for Q2 2025, with revenue increasing by 13.1% year-on-year to 35 billion yuan and adjusted net profit rising by 20.1% to 5.6 billion yuan [1] - The company achieved historical peaks in gross margin and adjusted net profit margin, reaching 55.7% and 16.0% respectively [1] - Average daily active users reached 409 million, a year-on-year increase of 3.4%, while average monthly active users reached 715 million, up 3.3% [1] Revenue Structure - The revenue contributions from online marketing services, live streaming, and other services (including e-commerce and Kuaishou's AI tools) were 56.4%, 28.7%, and 14.9% respectively [1] - Kuaishou's overseas business showed robust performance, with Q2 revenue reaching 1.3 billion yuan, a year-on-year increase of 20.5% [1] AI and Technology Advancements - Kuaishou's CEO highlighted the application of AI models across various ecological scenarios, enhancing operational efficiency for merchants and creators [2] - The company introduced the OneRec end-to-end generative recommendation model, which significantly improves recommendation efficiency and user engagement [4] - Kuaishou's Keling AI has undergone rapid iterations, with the latest models enhancing video generation capabilities and achieving industry-leading performance [5] E-commerce Growth - Kuaishou's e-commerce GMV grew by 17.6% year-on-year to 358.9 billion yuan in Q2 2025, with an average of 134 million monthly buyers [8] - The platform's new merchant support system has led to a 50% year-on-year increase in new merchant registrations [9] - Short video e-commerce also performed well, with GMV increasing by over 30% due to improved supply quality [9] Marketing Services - Online marketing services revenue reached 19.8 billion yuan, reflecting a year-on-year growth of 12.8% [10] - The content consumption, local life, and automotive sectors were key growth drivers for external marketing services [11] Local Life Services - Kuaishou's local life business saw GMV grow steadily, with revenue increasing by nearly 120% year-on-year in Q2 2025 [14] - The company is focused on enhancing user experience through intelligent subsidies and refined city operations [14]

8月21日，快手科技发布Q2业绩并宣布派发特别股息每股0.46港元，总额约20亿港元，将于10月6日前后以现金形 式派付给9月16日登记在册的股东。 财报显示，快手Q2总营收达350亿元，同比增长13.1%，经调整净利润56亿元，同比增长20.1%，经调整净利润率 创历史新高。 文/北京青年报记者 温婧 编辑/李涛 数据显示，本季度，快手电商GMV同比增长17.6%至3589亿元，其中，泛货架电商GMV占比超过32%，短视频电 商GMV同比增长超30%。新商与中小商家加速成长，二季度新商入驻规模同比提升50%。线上营销服务收入达198 亿元，同比增长12.8%。 快手在公告中表示，此次派发特别股息，反映了董事会对公司长期增长前景及稳健财务状况的信心，亦体现了公 司对持续提升股东回报的承诺。凭借稳健的资产负债表，公司具备充分实力在回馈股东的同时，仍可保持推动长 期业务发展的财务及运营灵活性。未来，本公司将视乎情况，考虑包括股份回购及派发股息在内的方式回馈股 东。 本季度，快手的毛利率和经调整净利润率均达到单季新高，分别为55.7%和16.0%。线上营销服务、直播和其他服 务（含电商及可灵）对收入的贡献占比分别为 ...

北京商报讯（记者 魏蔚）8月21日，快手发布的2025年二季度财报显示，总营收同比增长13.1%至350亿 元，经调整净利润56亿元，同比增长20.1%，线上营销服务、直播和其他服务（含电商及可灵）对营收 的贡献占比分别为56.4%、28.7%和14.9%。 根据财报，二季度可灵AI营收超过2.5亿元，近期可灵2.1模型开启全新首尾帧功能内测。快手电商GMV （商品交易总额）同比增长17.6%至3589亿元，其中，泛货架电商GMV占比超过32%，短视频电商 GMV同比增长超30%。新商与中小商家加速成长，二季度新商入驻规模同比提升50%。会员层面，快手 二季度平均日活跃用户同比增长3.4%至4.09亿，平均月活跃用户同比增长3.3%至7.15亿，用户总使用时 长同比增长7.5%。 ...

Core Insights - Kuaishou Technology reported its Q2 2025 earnings on August 21, showing a 17.6% year-on-year growth in e-commerce GMV, reaching 358.9 billion yuan [1] - The share of general merchandise e-commerce GMV exceeded 32%, while short video e-commerce GMV grew by over 30% year-on-year [1] - The number of new merchants and small businesses accelerated, with new merchant registrations increasing by 50% year-on-year in Q2 [1]

Group 1 - The core viewpoint of the article highlights that Kuaishou's daily active users reached a record high, with an average daily active user growth of 3.4% year-on-year, totaling 409 million [1] - The average monthly active users also saw a year-on-year increase of 3.3%, reaching 715 million [1] - The platform's overall user engagement is on a steady and healthy growth trajectory, with total user usage time increasing by 7.5% year-on-year in Q2 [1]

Core Insights - Kuaishou-W (1024.HK) reported record highs in multiple key operational metrics and financial data for Q2 2025, driven by AI large model technology empowering its content and business ecosystem [1] Financial Performance - In Q2 2025, Kuaishou's average daily active users (DAUs) reached 409 million, and average monthly active users (MAUs) reached 715 million, representing year-on-year growth of 3.4% and 3.3% respectively [1] - Total revenue for Q2 2025 increased by 13.1% year-on-year to RMB 35 billion [1] - Adjusted net profit for the quarter was RMB 5.6 billion, with an adjusted net profit margin of 16.0%, marking the highest profitability level in a single quarter [1]

新京报贝壳财经讯 8月21日，快手公告，2025年第二季度营业收入350.46亿元，同比增长13.1%；期内 利润49.22亿元，同比增长23.7%。2025年上半年营业收入676.54亿元，同比增长12.0%；期内利润89.01 亿元，同比增长9.9%。宣派特别股息每股0.46HKD，除净日为2025年9月9日，股息派发日为2025年10月 6日。 ...