Kuaishou

Kansai Halifax Holdings Releases Report on Tencent Increasing Stake in Commodity Start-up Xingsheng Youxuan

Monday, January 11, 2021 - 5:00am

TORONTO, Jan 11, 2021 - (ACN Newswire) - Kansai Halifax Holdings have today released a research report on Tencent Holdings Ltd increasing its stake in Xingsheng Youxuan.

Key Points: 
  • TORONTO, Jan 11, 2021 - (ACN Newswire) - Kansai Halifax Holdings have today released a research report on Tencent Holdings Ltd increasing its stake in Xingsheng Youxuan.
  • "In addition to Tencent, Xingsheng Youxuan is also in talks with other potential investors including Beijing Kuaishou Technology Co. to raise more funding," said Jonathan Scott, Director of EMEA Wealth Management at Kansai Halifax Holdings.
  • According to researchers at Kansai Halifax Holdings, the current funding round could precede an initial public offering (IPO), although specifics such as timing and listing exchange are yet to be confirmed.
  • Headquartered in Japan, Kansai Halifax Holdings is one of Asia's leading wealth management companies, entrusted to manage over $6.45 billion in client investment capital.

Sales of Data Center Switches Returned to Y/Y Growth in 3Q 2020, According to Dell'Oro Group

Thursday, December 3, 2020 - 1:00pm

"Meanwhile, in line with our expectations, sales in China were up strong double-digits for the second consecutive quarter.

Key Points: 
  • "Meanwhile, in line with our expectations, sales in China were up strong double-digits for the second consecutive quarter.
  • This growth in China was blostered by strong demand from Cloud SPs, namely Alibaba, Tencent, Bytedance, and Kuaishou.
  • Additional highlights from the 3Q 2020 Ethernet Switch Data Center Report:
    Vendors with revenue share gain in the year-to-date period are H3C, Ruijie, and white box switch vendors.
  • The Dell'Oro Group Ethernet Switch Data Center Quarterly Report offers a detailed view of the market, including Ethernet switches for server access, server aggregation, and data center core.

A Unique Art Tour -- London-based V&A Museum Goes Virtual on Kuaishou

Thursday, August 27, 2020 - 10:45am

The next day, the 160-year-old museum made its livestreaming debut on Kuaishou, whose livestreaming service has been embraced by over 170 million daily active users.

Key Points: 
  • The next day, the 160-year-old museum made its livestreaming debut on Kuaishou, whose livestreaming service has been embraced by over 170 million daily active users.
  • As the leading livestream platform, Kuaishou has been putting great efforts into pushing the art sector to reach more people.
  • Since the first quarter of 2020, the National Museum of China has rolled out a series of cultural events on Kuaishou.
  • On 5 March, the museum launched a short-video campaign under the hashtag of #virtual museum tour on Kuaishou, providing a chance for users to experience the museum.

Kuaishou Cements its Place among China's Internet Giants: Latest Industry Report

Friday, August 7, 2020 - 1:45pm

Kuaishou, a Tencent-backed company, was given special mention in the report, as both its user growth and revenue share surpassed market expectations.

Key Points: 
  • Kuaishou, a Tencent-backed company, was given special mention in the report, as both its user growth and revenue share surpassed market expectations.
  • Kuaishou, one of the most popular short video platforms in China, reported a 41.5% YoY growth from June 2019.
  • Kuaishou is the only short video platform that gainedthe most user numbers with its short video and live broadcast platforms (Kuaishou Lite and Kuaishou) occupying the 4th and 5th place, respectively, according to figures from the June 2020 Internet Activity Ranking.
  • The industry so far has been embraced by over 1 billion users, of which 100 million, or 10%, are from Kuaishou.

Kuaishou partners ONE Championship to livestream fights, boosts audience numbers

Friday, July 31, 2020 - 7:07pm

With more than 300m daily average users (DAUs), Kuaishou is one of the most popular livestreaming platforms in China, especially amongst sports fans and martial arts communities.

Key Points: 
  • With more than 300m daily average users (DAUs), Kuaishou is one of the most popular livestreaming platforms in China, especially amongst sports fans and martial arts communities.
  • IP-ONE, the company behind the popular ONE Championship franchise, partnered with Kuaishou to introduce Muay Thai and Mixed Martial Arts (MMA) to a Chinese audience in a fun, mobile and interactive way to improve the audience experience.
  • Kuaishou will also support the event through diversified means such as livestreaming support and community moderation as fans eagerly await the clash.
  • June 2018 Kuaishou Technology completed the acquisition of Acfun, an ACG video community

WWF Announced Strategic Partnership with Kuaishou on Global Tiger Day to Protect Wild Tigers

Friday, July 31, 2020 - 6:32pm

BEIJING, July 31, 2020 /PRNewswire/ -- On July 29, Global Tiger Day, Tencent-backedChinese short-videoplatform Kuaishou and World Wide Fund for Nature (WWF), co-launched a charity livestream eventfor wild tiger protection.

Key Points: 
  • BEIJING, July 31, 2020 /PRNewswire/ -- On July 29, Global Tiger Day, Tencent-backedChinese short-videoplatform Kuaishou and World Wide Fund for Nature (WWF), co-launched a charity livestream eventfor wild tiger protection.
  • "We are happy to joinhands with a powerful platform like Kuaishouand find thatmore people areaware ofthe protection of wild Siberian tigers and even the global wild tigers," added Liu.
  • During the live-streaming, WWF introduced how illegal trade in tiger parts threatens the wild tiger population, and reiterate its commitment to protectingthe species in the coming years.
  • Through charity events co-launched with Kuaishou, WWF aims to increase public awareness of wild tiger protection.

Performing live on Kuaishou, Lang Lang comes back after 6-month hiatus

Thursday, July 30, 2020 - 7:52am

BEIJING, Jul 30, 2020 /PRNewswire/ -- The world-renowned Chinese pianist Lang Lang performed publicly for the first time in six months on Kuaishou, a livestreaming platform.

Key Points: 
  • BEIJING, Jul 30, 2020 /PRNewswire/ -- The world-renowned Chinese pianist Lang Lang performed publicly for the first time in six months on Kuaishou, a livestreaming platform.
  • Lang hosted the one-hour broadcast, which attracted over 3 million viewers and fans.
  • When recalling his childhood in the 90s, Langplayed one of his initiation-phase favorites, tude Op.
  • June 2018 Kuaishou Technology completed the acquisition of Acfun, an ACG video community
    View original content to download multimedia: http://www.prnewswire.com/news-releases/performing-live-on-kuaishou-lang...

Asia Superstar Jay Chou's Livestreaming Debut on Kuaishou Attracts 68 Million Viewers

Tuesday, July 28, 2020 - 7:19am

BEIJING, July 28, 2020 /PRNewswire/ -- Kuaishou, China's leading short video sharing and social networking platform, is pleased to announce that singer, songwriter and Mandopop icon Jay Chou debuted on the livestreaming app on June 26th, attracting more than 68 million total viewers.

Key Points: 
  • BEIJING, July 28, 2020 /PRNewswire/ -- Kuaishou, China's leading short video sharing and social networking platform, is pleased to announce that singer, songwriter and Mandopop icon Jay Chou debuted on the livestreaming app on June 26th, attracting more than 68 million total viewers.
  • When Chou first opened his Kuaishou account in June 2020, he promised fans he would do an online magic show if he reached 10 million followers on the app.
  • Upon reaching that number, Chou kept his promise on July 26, his performance peak CCU (concurrent viewership) reached 6.1 million.
  • Chou has sold 30 million albums and is one of the best-selling artists in Asia.

Kuaishou's Livestream Daily Active Users Surpass 170 Million

Thursday, July 23, 2020 - 2:04pm

BEIJING, July 23,2020 /PRNewswire/ -- Kuaishou, China's leading short-video and livestream platform, on Wednesday released its 2020 First Half Year Content Ecosystem Report, with daily active user's number of its featured livestreaming function reaching 170 million, a 70 million surge since the end of 2019.

Key Points: 
  • BEIJING, July 23,2020 /PRNewswire/ -- Kuaishou, China's leading short-video and livestream platform, on Wednesday released its 2020 First Half Year Content Ecosystem Report, with daily active user's number of its featured livestreaming function reaching 170 million, a 70 million surge since the end of 2019.
  • In December 2019, Kuaishou announced that the number of daily livestreamers had exceeded 100 million.
  • However, this figure has surged to 170 million over the last six months.
  • Meanwhile, from July of 2019 to June of 2020, some 300 million content creators have published original content on the platform.

Kuaishou Livestream DAU reaches 170 Million, 70% Growth Within Half Year

Thursday, July 23, 2020 - 9:22am

From July 2019 to June 2020, 70% of users who published on Kuaishou were under the age of 30.

Key Points: 
  • From July 2019 to June 2020, 70% of users who published on Kuaishou were under the age of 30.
  • In December 2019, Kuaishou announced that the number of daily livestreamers had exceeded 100 million.
  • However, this figure has surged to 170 million over the last six months.
  • This year, Kuaishou also launched its own shopping festival, Kuaishou "616 Shopping Carnival", on the platform for its users.