On March 29th, Aauto Quicker Science and Technology (1024. HK) released its fourth quarter and annual results in 2022.
In the fourth quarter of 2022, the average daily active users of Aauto Quicker applications reached 366 million, up 13.3% year-on-year, and the average monthly active users reached 640 million. The social interaction and trust atmosphere of the platform continued to strengthen, with 26.7 billion pairs of users paying attention to each other, up 63.4% year-on-year.
Aauto Quicker's domestic business is profitable at the operational level. In 2022, the operating profit reached 192 million yuan, and the annual total revenue reached 94.2 billion yuan, up 16.2% year-on-year, exceeding market expectations.
In 2022, the annual revenue of online marketing services reached 49 billion yuan, making it the largest source of revenue. In the fourth quarter, the revenue of this sector reached 15.1 billion yuan in a single quarter. In the fourth quarter of 2022, an average of nearly 400 million users used Aauto Quicker to search every month, and the average daily search times nearly doubled year-on-year, further expanding the commercial traffic space.
In 2022, the total amount of e-commerce merchandise transactions (GMV) in Aauto Quicker reached 901.2 billion, up 32.5% year-on-year. In the fourth quarter, the e-commerce GMV achieved a single-quarter record high of 312.4 billion yuan, and the brand as a whole contributed nearly 30% of the GMV of the market. In addition, the live GPM of public domain traffic (thousands of exposures and transactions in the live broadcast room) also increased rapidly year-on-year, and the number of monthly sales merchants increased by over 50% year-on-year.
In 2022, Aauto Quicker will further promote the combination of numbers and reality. The "quick employment" business in Aauto Quicker has reached cooperation with over 240,000 enterprises, and the mode of live broadcast with posts provides a new solution to effectively solve the "labor shortage" and "employment difficulties". There are over 70 cities with deep cooperation in ideal real estate in Aauto Quicker, and the annual GTV (total transaction volume) of real estate business has exceeded 10 billion yuan. Aauto Quicker also continues to focus on rural economic development. Not long ago, the "Village Broadcasting Plan" officially launched in 2023 released four rural revitalization IPs, providing 3 billion traffic to help rural development and personnel training.
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