Tag Archives: Kuaishou

Kuaishou aims to break even in 2022 but China is tightening control

Kuaishou Technology, operator of China’s second-largest short video-sharing platform, hopes to break even this year, but regulatory risks remain high as Beijing released new restrictions on live streaming. On Tuesday, Beijing published new guidelines to “further regulate profit-making practices in live streaming and promote the healthy development of the industry”. …

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Kuaishou’s CEO takes charge of overseas business in renewed global push

Short video company Kuaishou Technology is renewing its focus on the global market, with chief executive Cheng Yixiao taking direct charge of the international business amid a reorganisation of the unit.The Beijing-based company said it established a new unit within the overseas department to better monetise its user base outside …

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Hong Kong IPOs dry up as Ukraine tension, Covid fifth wave sap demand

Companies looking to raise funds through initial public offerings in Hong Kong are having to settle for lower valuations as uncertainties stemming from geopolitical tensions, the coronavirus pandemic and China’s new rules for offshore listings curb investors’ appetite for new shares.The number of IPOs and proceeds raised in Hong Kong …

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Louis Vuitton fashion show sees big interest on ‘unstylish’ Kuaishou

French fashion house Louis Vuitton (LV), a popular luxury brand in China, has found a huge new audience in an unlikely place: Kuaishou Technology, the short video-sharing platform known for its appeal with rural and small-town residents.Live-streamed and playback views of the brand’s autumn/winter 2022 menswear show last Thursday had …

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