Sou Hu Cai Jing·2025-03-25 10:51Core Insights - Kuaishou has undergone a significant personnel change with the departure of Fu Chi, the head of its live streaming and gaming business, who announced his resignation on March 21 [1][3] - Li Huan, the current Vice President, has been appointed to take over Fu Chi's role, bringing extensive management experience from various business sectors within Kuaishou [1][3] Management Transition - Fu Chi joined Kuaishou in early 2019 and held several key positions, including leading the user growth department, where he reported directly to Senior Vice President Wang Jianwei [1][3] - Under Fu Chi's leadership, Kuaishou saw an 18% year-on-year increase in high-quality and high-income streamers by Q2 2024, along with a 32% growth in active guild streamers, laying a solid foundation for the company's live streaming business [1][3] Business Performance - Li Huan has successfully led various business segments, including live streaming, e-commerce, and recruitment, achieving significant milestones such as 250 million monthly active blue-collar users, which represents a substantial portion of Kuaishou's total 700 million monthly active users [1][3] - The number of active merchants reached 184,000, with over 4.76 million job positions provided, showcasing the effectiveness of Li Huan's management [1][3] Strategic Implications - The leadership change is viewed as a major strategic decision for Kuaishou, with the company aiming to enhance user experience and operational efficiency while fostering the continued growth of its live streaming and gaming ecosystems [3]