KUAISHOU(US:KSHTY) Zheng Quan Shi Bao Wang·2024-11-20 08:56Group 1 - The core viewpoint of the article highlights Kuaishou's strong performance in Q3 2024, with total revenue increasing by 11.4% year-on-year to 31.1 billion yuan and adjusted net profit rising by 24.4% to 3.9 billion yuan [1] - The core business revenue, which includes online marketing services and other services (including e-commerce), grew nearly 20% year-on-year, with contributions from online marketing services, live streaming, and other services accounting for 56.6%, 30.0%, and 13.4% of total revenue, respectively [1] - Kuaishou's user base reached a historical high in Q3 2024, with average daily active users increasing by 5.4% year-on-year to 408 million and average monthly active users growing by 4.3% to 714 million [1] Group 2 - The total usage time on the platform showed steady growth, with a year-on-year increase of 7.3% in Q3, and the average daily live streaming and short video playback reached nearly 110 billion times [2]