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Kuaishou

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In February 2021, Kuaishou made a debut on the Hong Kong Stock Exchange, with its shares soaring by 194% at the opening. However, the company soon faced significant challenges due to stringent regulatory restrictions on Chinese internet companies, leading to a nearly 80% decline in its share price
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from its peak post-IPO. By December 2021, Kuaishou announced a major reorganization, including the layoff of 30% of its staff, primarily targeting mid-level employees earning an annual salary of $ 157,000 or more. This restructuring aimed to cut costs and mitigate financial losses.
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pictures. In November 2012, Kuaishou became a short video community and a platform with which users could record and share videos. By 2013, the app had reached 100 million daily users. By 2019, it had exceeded
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As of 30 June 2024, the most followed account on the platform is Kuaishou Store with over 200 millions followers. The most followed individual account belongs to Chinese E-commerce businessman
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article citing current and former Kuaishou employees stated that the company has been running an ageist redundancy programme known internally as "Limestone", culling workers in their mid-30s.
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Kuaishou's overseas team is led by the former CEO of the application 99, and staff from Google, Facebook, Netflix, and TikTok were recruited to lead the company's international expansion.
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Kuaishou is China's first short video platform that was developed in 2011 by engineer Hua Su and Cheng Yixiao. Prior to co-founding Kuaishou, Su Hua had worked for both Google and
2479: 2532: 1606: 1228: 568:. Its initial popularity came from videos of Chinese rural life. Kuaishou also relied more on e-commerce revenue than on advertising revenue compared to its main competitor. 1647: 1924: 1006: 3852: 3748: 3738: 3728: 470: 2223: 1357: 3847: 1737: 1584: 1088: 1027: 3723: 1118: 3902: 1902: 1769: 1459: 1148: 3067: 2216: 1545: 1426: 481: 1379: 1057: 3487: 2525: 526: 1178: 1824: 1515: 499:(HKD) (US$ 38.70), more than doubling its initial offer price, and causing its market value to rise to over $ 1 trillion HKD (US$ 159 billion). 3887: 3877: 3779: 2037: 1917: 3897: 1714: 1001: 1482: 3632: 507: 189: 1855: 3872: 3842: 2518: 87: 2549: 2334: 2157: 399: 183: 1209: 433:
Kuaishou's predecessor "GIF Kuaishou" was founded in March 2011. GIF Kuaishou was a mobile app with which users could make and share
3907: 3832: 2239: 1910: 673: 1546:"Kuaishou shares jump 161 per cent in debut as Hong Kong's hottest IPO paves way for offerings from rival video-sharing app owners" 1324: 1639: 3882: 3677: 3520: 2152: 2339: 2007: 3644: 2469: 607: 391: 178: 3361: 1349: 3857: 3743: 3733: 3617: 3180: 2999: 2454: 2319: 2142: 1992: 1576: 654: 1797: 626: 1294: 3639: 2254: 1952: 545: 261: 3774: 3525: 2764: 2632: 2541: 2464: 603: 346: 1449: 633: 2914: 2637: 2592: 2243: 2072: 1941: 1674: 770: 592: 565: 457: 83: 37: 1261: 3867: 3530: 3350: 3290: 3195: 2889: 2304: 2062: 1987: 1410: 611: 596: 492: 474: 2208: 3707: 3576: 3185: 2829: 2789: 2459: 2284: 2017: 1972: 640: 549: 395: 69: 495:(IPO) to raise approximately US$ 5 billion. Kuaishou's stock completed its first day of trading at $ 300 3622: 3310: 3125: 2739: 2657: 2177: 1802: 337:, that was founded in 2011 by Hua Su (宿华) and Cheng Yixiao (程一笑). The company is known for developing a 276: 1607:"Análise: Felipe Zmoginski - Rival do TikTok, app de vídeos quer emplacar streaming e comércio ao vivo" 3546: 3381: 3235: 2672: 2349: 2344: 2324: 2012: 1997: 1454: 622: 288: 3785: 3581: 3492: 3436: 3406: 3315: 2022: 1028:"Tencent-backed Video App Kuaishou Is Turning Chinese Country Folk Into Hollywood Directors Synced" 529: 485: 271: 2389: 1703: 3280: 2844: 2424: 2309: 2299: 1770:"What you need to know about Kling, the AI video generator rival to Sora that's wowing creators" 329:'quick hand') is a Chinese publicly traded partly state-owned holding company based in 3601: 3556: 3275: 2449: 2137: 1418: 1220: 806: 465: 419: 3862: 3697: 3649: 3551: 3456: 3441: 3200: 3155: 2894: 2809: 2759: 2662: 2112: 2042: 2027: 1450:"China's tech giants are helping the Communist Party's newspaper fine-tune its online voice" 1089:"Tencent-backed Video App Kuaishou Is Turning Chinese Country Folk Into Hollywood Directors" 446: 423: 330: 316: 283: 243: 3692: 3667: 3571: 3022: 2612: 2182: 2082: 1709: 523: 515: 365: 1896: 209: 1738:"Forget Sora — Kling is a killer new AI video model that just dropped and I'm impressed" 1316: 3659: 3586: 3497: 3451: 3431: 3421: 3356: 3095: 3085: 2909: 2364: 2264: 1742: 350: 65: 1856:"Why is Kuaishou Better than Douyin for E-commerce Conversion & Social Engagement" 647: 3826: 3627: 3255: 2979: 2929: 2819: 2707: 2484: 2444: 2434: 2359: 2354: 2279: 2259: 2122: 2047: 2032: 1967: 1957: 1215: 342: 77: 368:
in eight countries, such as Brazil. In Pakistan and Indonesia, this app is known as
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In April 2018, Kuaishou's app was briefly banned from Chinese app stores after
225: 3795: 3702: 3672: 3285: 3245: 3160: 3150: 3042: 2964: 2884: 2784: 2744: 2692: 2607: 2374: 2369: 2147: 2127: 1670:"Chinese state broadcaster takes 1 per cent stake in short video app Kuaishou" 1640:"Kuaishou reportedly lays off 30% of mid-level staff amid sweeping crackdowns" 736: 687: 533: 338: 233: 2510: 1422: 1224: 3561: 3416: 3401: 3376: 3335: 3330: 3210: 3165: 3145: 3140: 3100: 2899: 2874: 2854: 2834: 2799: 2717: 2682: 2667: 2394: 2314: 2052: 1825:"From Douyin to Kuaishou: A visual look at China's hottest short video apps" 1747: 28: 3170: 1380:"Is short-video start-up Kuaishou too 'Zen' for China's internet culture?" 1058:"Is short-video start-up Kuaishou too 'Zen' for China's internet culture?" 3471: 3396: 3391: 3260: 3240: 3115: 3080: 3027: 2904: 2879: 2864: 2814: 2652: 2379: 2289: 2092: 1286: 952: 488:
banned Kwai along with 58 other apps, citing "data and privacy issues".
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KwaiCut via signing up for a waitlist with a Chinese phone number.
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text-to-video model. It is accessible to the public on Kuaishou's
537: 415: 1411:"China Isn't Happy About Its Newest Internet Stars: Teenage Moms" 1149:"One of China's hottest video apps is flirting with video gaming" 3811: 3230: 3220: 3090: 3052: 2794: 2774: 2722: 2712: 2677: 2384: 2057: 1982: 2514: 2212: 1906: 1317:"Bloomberg Company Profile: Beijing Kuaishou Technology Co Ltd" 2697: 575: 496: 434: 251: 564:, Kuaishou is more popular with older users who live outside 1890: 1798:"I tested out a buzzy new text-to-video AI model from China" 200: 1577:"TikTok Rival's Stock More Than Doubles in Hong Kong Debut" 1179:"Billionaire Who Missed Out on TikTok Is Trying to Beat It" 1516:"China's Love of TikTok-Style Apps Powers $ 5 Billion IPO" 299: 491:
In January 2021, Kuaishou announced it was planning an
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RADII Stories from the center of China's youth culture
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In 2019, the company announced a partnership with the
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Compared to its main short video platform competitor
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million, leading the “Most Downloaded” lists of the
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As of 2019, it has a worldwide user base of over 200
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Unsourced material may be challenged and 324: 2533: 2519: 2511: 2231: 2217: 2209: 1925: 1911: 1903: 1895: 692: 224: 217: 208: 36: 20: 674:Learn how and when to remove this message 480:In June 2020, following the start of the 3775:Decentralized Social Networking Protocol 1281: 1279: 473:, to help it experiment with the use of 3853:Internet properties established in 2011 2038:Foshan Haitian Flavouring & Food Co 1018: 3780:Distributed Social Networking Protocol 1495:from the original on 20 September 2020 1462:from the original on 20 September 2019 3848:Chinese companies established in 2011 1682:from the original on 17 November 2022 1634: 1632: 1390:from the original on 2 September 2019 1360:from the original on 2 September 2019 1344: 1342: 1327:from the original on 2 September 2019 1297:from the original on 2 September 2019 1231:from the original on 22 November 2021 1159:from the original on 2 September 2019 1129:from the original on 3 September 2019 1099:from the original on 2 September 2019 1068:from the original on 2 September 2019 1038:from the original on 2 September 2019 1002:List of Kuaishou original programming 7: 1650:from the original on 13 January 2022 1587:from the original on 6 February 2021 1556:from the original on 6 February 2021 1526:from the original on 27 January 2021 1248: 1246: 608:adding citations to reliable sources 522:In June 2024, Kuaishou released its 508:Beijing Radio and Television Station 190:Beijing Radio and Television Station 3903:Government-owned companies of China 1481:Shrivastava, Rahul (29 June 2020). 2335:China Overseas Land and Investment 2158:Shanxi Xinghuacun Fen Wine Factory 1717:from the original on 24 April 2024 1264:from the original on 18 April 2021 422:. The company is headquartered in 400:Cyberspace Administration of China 184:Cyberspace Administration of China 14: 2240:Hang Seng China Enterprises Index 1854:Chen, Tingyi (24 February 2020). 1189:from the original on 22 July 2021 16:Chinese video application company 3521:Social network analysis software 2153:Shanghai Pudong Development Bank 1934: 1617:from the original on 9 July 2021 1575:Chiu, Joanne (5 February 2021). 1514:Chiu, Joanne (25 January 2021). 580: 482:2020–2021 China–India skirmishes 160: 159: 27: 2340:China Pacific Insurance Company 2008:China Pacific Insurance Company 1866:from the original on 1 May 2021 1835:from the original on 1 May 2021 1429:from the original on 1 May 2021 1409:Zhong, Raymond (6 April 2018). 469:, an official newspaper of the 3645:Social network hosting service 2470:Sino Biopharmaceutical Limited 1768:Franzen, Carl (12 June 2024). 1736:Morrison, Ryan (7 June 2024). 1448:Li, Jane (20 September 2019). 392:China Internet Investment Fund 372:. It is often referred to as " 179:China Internet Investment Fund 1: 3888:2021 initial public offerings 3878:Video game streaming services 506:In October 2022, state-owned 406:ownership stake in Kuaishou. 3898:Internet censorship in India 3734:Problematic social media use 3618:Hospitality exchange service 2455:Postal Savings Bank of China 2320:China Life Insurance Company 2143:Postal Savings Bank of China 1993:China Life Insurance Company 442:million active daily users. 1796:Yang, Zeyi (19 June 2024). 1613:(in Brazilian Portuguese). 343:sharing users' short videos 107:; 13 years ago 3924: 3873:Social networking services 3843:Companies based in Beijing 3640:Social network advertising 2542:Social networking services 2255:Agricultural Bank of China 1953:Agricultural Bank of China 2465:Shijiazhuang Pharma Group 2250: 1948: 1087:Synced (12 August 2019). 1026:Synced (12 August 2019). 320: 223: 54: 35: 26: 3908:Text-to-video generation 3833:Hang Seng China 50 Index 2073:Jiangsu Hengrui Medicine 1942:Hang Seng China 50 Index 1829:South China Morning Post 1675:South China Morning Post 1550:South China Morning Post 1384:South China Morning Post 1153:South China Morning Post 1062:South China Morning Post 458:China Central Television 3883:Live streaming services 3531:Web 2.0 Suicide Machine 2305:China Construction Bank 1988:China Construction Bank 493:initial public offering 475:artificial intelligence 3749:User gender difference 3577:Small-world experiment 2460:Shenzhou International 2285:Bank of Communications 2018:CITS Group Corporation 1973:Bank of Communications 572:Most followed accounts 396:state-owned enterprise 3739:Use in investigations 2658:Foursquare City Guide 2178:Wanhua Chemical Group 1803:MIT Technology Review 566:China's Tier 1 cities 3547:Attention inequality 2350:China Resources Land 2345:China Resources Beer 2325:China Merchants Bank 2013:China Shenhua Energy 1998:China Merchants Bank 1831:. 4 September 2018. 1219:. 18 November 2021. 1155:. 19 December 2018. 872:Zhi Bo Huo Dong Jun 707:Followers(millions) 604:improve this section 380:, which is known as 289:Proprietary software 3858:Mobile applications 3582:Small-world network 3488:Software comparison 3437:Windows Live Spaces 3407:Tea Party Community 2023:China Yangtze Power 1678:. 7 November 2022. 1646:. 7 December 2021. 1581:Wall Street Journal 1552:. 5 February 2021. 1520:Wall Street Journal 694: 530:text-to-video model 486:Government of India 313:Kuaishou Technology 238:Kuaishou Technology 220: 23: 22:Kuaishou Technology 2425:Longfor Properties 1415:The New York Times 1260:. 8 January 2021. 716:@kuaishouxiaodian- 693: 398:controlled by the 3820: 3819: 3602:Virtual community 3557:Cybersectarianism 2508: 2507: 2450:Ping An Insurance 2206: 2205: 2138:Ping An Insurance 993: 992: 684: 683: 676: 658: 550:video editing app 534:frames per second 513:In April 2024, a 497:Hong Kong dollars 420:software engineer 327: 310: 309: 216: 215: 187: 3915: 3729:Privacy concerns 3693:Online petitions 3650:Social profiling 3567:1+ million users 3552:Confessions page 3457:Yahoo! 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Index



Public company
state-owned
Traded as
SEHK
1024
Beijing
China Internet Investment Fund
Cyberspace Administration of China
Beijing Radio and Television Station
www.kuaishou.com
Edit this at Wikidata

Developer(s)
Operating system
iOS
iPadOS
Android
Type
Video sharing
License
Proprietary software
www.kwai.com
Chinese
Haidian District
Beijing
mobile app
sharing users' short videos
social network

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