Kuaishou beats as Q3 revenue rose 33.4% YoY to $3.2B, above $3.15B estimates, with a $1.1B net loss, and Chinese MAUs rose 19.5% YoY to 573M (Zheping Huang/Bloomberg)

https://ift.tt/3nI475O

Zheping Huang / Bloomberg:
Kuaishou beats as Q3 revenue rose 33.4% YoY to $3.2B, above $3.15B estimates, with a $1.1B net loss, and Chinese MAUs rose 19.5% YoY to 573M  —  Kuaishou Technology's revenue increased 33%, defying China's tech crackdown and intensifying competition with ByteDance Ltd.

from Techmeme https://ift.tt/3HXXgxx