Kuaishou's revenue in the second quarter of 2024 was 30.975 billion yuan, a year-on-year increase of 11.6%, with average monthly active users of 692 million

According to news from this site on August 20, Kuaishou has just released its financial report for the second quarter of 2024 as of June 30. This site summarizes Kuaishou’s Q2 operational highlights as follows: revenue was 30.975 billion yuan, a year-on-year increase of 11.6%; net profit was 4 billion yuan, compared with 1.5 billion yuan in the same period last year. Non-IFRS measurement, adjusted net profit was 4.679 billion yuan, compared with profit of 2.694 billion yuan in the same period last year. The gross profit margin increased to more than 55%, and the adjusted net profit margin was 15.1%. The average daily active users were 395.3 million, compared with 376.0 million in the same period last year; the average monthly active users were 691.8 million, compared with 673.3 million in the same period last year; the average online marketing per daily active user Service revenue was 44.3 yuan, compared with 38.2 yuan in the same period last year; total e-commerce merchandise transactions were 305.2534 billion yuan, compared with 265.4564 billion yuan in the same period last year. fenye

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