Kingsoft Office (.SS)_ WPS AI for enterprises to ramp up in 2025E, driving ARPU uptrend; Buy
2024-11-26 06:25
更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 22 November 2024 | 11:48PM HKT Kingsoft Office (688111.SS): WPS AI for enterprises to ramp up in 2025E, driving ARPU uptrend; Buy Kingsoft Office (KO) expands WPS platform from Office Software to AI productivity tool, starting to charge ToC (Consumer) users this year, targeting to ramp up enterprise AI solution from 2025E with customized functions for enterprises (AI Hub, Copilot, AI Docs). We expect Kingsoft Office 4Q24 growth at 24% YoY, driven by ToC user WPS AI adoption post ...