智通财经网·2025-11-24 03:38Core Viewpoint - Kuaishou-W (01024) reported a 14% year-on-year revenue growth in Q3 2025, driven by online marketing and e-commerce, with AI technology enhancing its core business [1] Group 1: Financial Performance - Kuaishou-W's Q3 revenue reached 35.6 billion yuan, reflecting a 14% increase year-on-year [1] - Adjusted net profit grew by 26%, exceeding market expectations by approximately 3% [1] - E-commerce GMV increased by 15% to 385 billion yuan [1] Group 2: AI and Business Growth - AI technology contributed significantly to business operations, optimizing ad placements and product matching [1] - Revenue from AI products surpassed 300 million yuan, indicating initial success in commercialization [1] - AI-driven growth led to an additional 4% to 5% increase in domestic advertising revenue [1] Group 3: Future Outlook - CMB International forecasts a 10% year-on-year revenue growth for Kuaishou-W in Q4, supported by stable growth in online marketing and e-commerce [1] - Profit forecasts for 2025 to 2027 have been slightly adjusted upwards by up to 2% [1]