Core Insights - Kuaishou-W (01024) reported Q3 2025 earnings with revenue of RMB 35.554 billion, a year-on-year increase of 14.2% [1] - Gross profit reached RMB 19.434 billion, up 14.9% year-on-year, while operating profit surged 69.9% to RMB 5.299 billion [1] - Net profit for the period was RMB 4.489 billion, reflecting a 37.3% year-on-year increase, with adjusted net profit at RMB 4.986 billion, up 26.3% [1] - The average daily active users of the Kuaishou app exceeded 416 million, marking a historical high for three consecutive quarters [1] Financial Performance - For the first nine months, Kuaishou achieved revenue of RMB 103.208 billion, a 12.8% increase year-on-year [3] - Gross profit for the same period was RMB 56.73 billion, up 13.1%, while operating profit rose 34.7% to RMB 14.847 billion [3] - Adjusted net profit for the first nine months was RMB 15.184 billion, reflecting a 16.7% year-on-year increase [3] Business Developments - The company launched the end-to-end generative search architecture OneSearch, improving product matching and user experience, resulting in a nearly 5.0% increase in search order volume [2] - The AI capabilities were leveraged in the live streaming sector with the introduction of AI-customized gift features, enhancing user interaction and willingness to pay [2] - Kuaishou collaborated with Beijing Satellite TV for the 2025 Kuaishou Super Summer Evening, achieving a peak concurrent online audience of over 5.4 million [2]
快手-W(01024)第三季度经营利润52.99亿元 同比增加69.9%