Kuaishou Reports Jump in Revenue, E-Commerce Growth in First Results Report Since Mega IPO

Kuaishou’s average daily active users for the year of 2020 reached 264.6 million. (Source: Oriental Daily)

Chinese video sharing platform Kuaishou Technology recorded a 50% jump in revenue in 2020 as well as a growth in active users in its first report card following the company’s mega initial public offering (IPO) in Hong Kong.

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