Living in TikTok’s Shadow, Kuaishou Bleeds Red Ink and Cash 快手扭亏漫漫长路 挑战抖音仍需努力
The short-video platform’s loss narrowed by 34% in the first quarter, as investors worry about how long its cash can last. 短视频平台快手科技今年首季经调整净亏损约37.亿元，比去年同期收窄34%，表现虽略胜市场预期，但市场更关注的，是公司今年能否转亏为盈。
Bamboo Works (official website) provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.