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Kuaishou reports slowest revenue growth since public listing in Q4 2024
Kuaishou Technology reported its slowest quarterly revenue growth since going public, with Q4 2024 sales rising 8.7% to 35.4 billion yuan (US$4.9 billion), falling short of market expectations. Despite increased user engagement from AI-generated content, the company faces challenges from economic pressures, rising R&D costs, and intensified competition in ecommerce.
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