Kuaishou Technology

About:

Kuaishou is an online video platform that allows its users to broadcast daily activities, habits, and more online.

Website: http://www.kuaishou.com

Twitter/X: kuaishouvideo

Top Investors: Tencent, Sequoia Capital China, CPP Investments, DCM Ventures, Mubadala Capital Ventures

Description:

Kuaishou is an online video platform that allows its users to broadcast daily activities, habits, and more online. The company is on a mission to increase every individual’s happiness through big data and artificial intelligence (AI) technology. Through the sharing of short videos, photos, and live streams, Kuaishou Technology's equal opportunity’ algorithms and ethical corporate values infuse life into the technology platform. By highlighting a side that’s not often seen, Kuaishou empowers the commoners of China to virtually experience the world by enabling them to engage with fans from all walks of life around the globe while inviting the world into their homes. While Kuaishou is Kuaishou Technology’s short video platform for the Chinese market, the international version of its app, Kwai, parallels Kuaishou with similar features, but offers localized functions tailored to users from outside of China. It has an average of 275.9 million daily active users. While access to Kuaishou is free, the company makes money through selling virtual items that users gift to the creators of the videos, online marketing, and commissions from e-commerce sales on the platform. It was launched in 2011 by Su Hua in Beijing, Beijing, China.