Kuaishou Technology's Average Daily Users Could Reach 400M in 2H -- Market Talk

Dow Jones03-21

0546 GMT - Kuaishou Technology's average daily users could reach 400 million in 2H as it diversifies its content amid a slowdown in liverstreaming, Daiwa analysts John Choi and Robin Leung say in a research note. In 4Q it had 382.5 million average daily users. The analysts expect Kuaishou's gross merchandise value to grow 30% on year in 1Q, supported by its shelf-based e-commerce business. Meanwhile, Kuaishou's overseas segment could further narrow its 1Q operating losses to CNY400 million from CNY551 million in 4Q, they say, adding that it could break even in 2025. Daiwa maintains its buy call on Kuaishou and keeps its target unchanged at HK$85.00. Shares are last 1.7% lower at HK$51.35.(sherry.qin@wsj.com)

(END) Dow Jones Newswires

March 21, 2024 01:46 ET (05:46 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2421052455?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-03-21 13:46","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2421052455","market":"sh","top_or_hot":-1,"title":"Kuaishou Technology's Average Daily Users Could Reach 400M in 2H -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0546 GMT - Kuaishou Technology's average daily users could reach 400 million in 2H as it diversifies its content amid a slowdown in liverstreaming, Daiwa analysts John Choi and Robin Leung say in a research note. In 4Q it had 382.5 million average daily users. The analysts expect Kuaishou's gross merchandise value to grow 30% on year in 1Q, supported by its shelf-based e-commerce business. Meanwhile, Kuaishou's overseas segment could further narrow its 1Q operating losses to CNY400 million from CNY551 million in 4Q, they say, adding that it could break even in 2025. Daiwa maintains its buy call on Kuaishou and keeps its target unchanged at HK$85.00. Shares are last 1.7% lower at HK$51.35.(sherry.qin@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 21, 2024 01:46 ET (05:46 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Kuaishou Technology's Average Daily Users Could Reach 400M in 2H -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKuaishou Technology's Average Daily Users Could Reach 400M in 2H -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-21 13:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>0546 GMT - Kuaishou Technology's average daily users could reach 400 million in 2H as it diversifies its content amid a slowdown in liverstreaming, Daiwa analysts John Choi and Robin Leung say in a ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01024","symbol_name":"快手-W","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2421052455","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2421052455","pubTimestamp":1710999960,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0546 GMT - Kuaishou Technology's average daily users could reach 400 million in 2H as it diversifies its content amid a slowdown in liverstreaming, Daiwa analysts John Choi and Robin Leung say in a research note. In 4Q it had 382.5 million average daily users. The analysts expect Kuaishou's gross merchandise value to grow 30% on year in 1Q, supported by its shelf-based e-commerce business. Meanwhile, Kuaishou's overseas segment could further narrow its 1Q operating losses to CNY400 million from CNY551 million in 4Q, they say, adding that it could break even in 2025. Daiwa maintains its buy call on Kuaishou and keeps its target unchanged at HK$85.00. Shares are last 1.7% lower at HK$51.35.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"81024":"快手-WR","01024":"快手-W","BK1608":"元宇宙概念","LU2097828474.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC A","BK1575":"同股不同权","LU1720050803.USD":"安联全方位中国股票基金","BK1591":"就地过年概念","LU2097828557.USD":"AZ EQUITY CHINA \"A\" (USD) ACC","LU2097828631.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC","LU2097828714.EUR":"AZ EQUITY CHINA \"BAZ\" (EUR) ACC","BK1610":"ETF&股票定投概念","BK1590":"短视频概念股","BK1095":"互动媒体与服务","LU2097828805.USD":"AZ EQUITY CHINA \"A-AZ\" (USD) ACC","LU1794554557.SGD":"Allianz All China Equity AT Acc H2-SGD"},"translate_title":"快手科技日均用户可在2小时内达到4亿——市场对话","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"81024":0.6,"01024":0.9},"content_text":"0546 GMT - Kuaishou Technology's average daily users could reach 400 million in 2H as it diversifies its content amid a slowdown in liverstreaming, Daiwa analysts John Choi and Robin Leung say in a research note. In 4Q it had 382.5 million average daily users. The analysts expect Kuaishou's gross merchandise value to grow 30% on year in 1Q, supported by its shelf-based e-commerce business. Meanwhile, Kuaishou's overseas segment could further narrow its 1Q operating losses to CNY400 million from CNY551 million in 4Q, they say, adding that it could break even in 2025. Daiwa maintains its buy call on Kuaishou and keeps its target unchanged at HK$85.00. Shares are last 1.7% lower at HK$51.35.(sherry.qin@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 21, 2024 01:46 ET (05:46 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2421052455"}