Kuaishou's Kling Could Gain Market Share from Seedance
Dow Jones10-16
0739 GMT - Kuaishou Technology's Kling could gain market share from ByteDance's Seedance, Citi analysts say in a research note. The AI video unit of Kuaishou officially launched Kling 4.0 on Thursday with upgrades. While the updated model has shown significant improvement in the continuity and consistency of complex movements, it may still be slightly behind Seedance 2.5, Citi says. However, Kling's cost per second is slightly lower than Seedance's. With pricing below Seedance 2.5 and video effects close to Seedance 2.5, Kling 4.0 could gain some market share and improve its grossing trajectories ahead, Citi adds. Kuaishou's shares are 2.3% higher at HK$29.24.
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