Kuaishou, the popular Chinese short-video platform, announced extensive restructuring across its main site, e-commerce, and commercialization operations.
Recently, Kuaishou's self-developed large language model 'KwaiYii' has entered internal testing and provided standard APIs and customized project collaboration solutions for the business team.
On May 9th, Kuaishou upgraded its "Chuanliu Plan" and will allocate at least 60 billion network traffic throughout the year to incentivize collaboration between merchants and influencers.
ChatGPT is sparking an entrepreneurial movement in China, attracting a steady stream of new members. Some of them come from major companies such as Alibaba, Kuaishou, Bytedance, Tencent and others.
After Su Hua stepped down as CEO of Chinese short video platform Kuaishou in October 2021, little was known about his actions following the transition. Su was reportedly likely eyeing to enter the computer chip industry, but Kuaishou later denied this.
Taobao and JD.com, two of China's leading e-commerce platforms, have recently announced the resumption of links connecting them with short video platform Kuaishou, mainly aiming at the annual Double 11 Shopping Festival.
Kuaishou's e-commerce and commercialization divisions are preparing for the upcoming Kuaishou November 6 (116) Shopping Festival, and the effect of this round of adjustments will also appear after the shopping event.
At a launch event held on August 10 by Kuaishou's cloud video brand StreamLake, Senior Vice President of Kuaishou and Head of StreamLake Yu Bing said that Kuaishou has developed an intelligent video processing System on Chip (SoC) product called the SL200.
Cyberspace Administration of China now requires social platforms and short video platforms such as Tencent's QQ and Kuaishou to implement content management and continuously investigate and dispose of fraudulent information, group chats and accounts.
Kuaishou, the leading rival of TikTok's Chinese mainland version, Douyin, announced an organizational restructuring involving multiple departments, and has set up a new management committee.
Chinese short video streaming and sharing platform Kuaishou announced on August 3 that it will hold a StreamLake brand launch event in Beijing on August 10.
Wang Jianwei, Senior Vice President of Kuaishou, revealed at the company's 2022 Photosynthetic Creators Conference on July 29 that the firm will be conducting alpha tests of a creator version of its short video app this year.
Tony Qiu, the former head of Kuaishou's International Business, has recently joined Meituan and temporarily serves as assistant to firm founder and CEO Wang Xing.
Douyin and Kuaishou, two leading Chinese short video platforms, are increasing their investment in e-commerce infrastructure.
Magnetic Engine, a commercial marketing service platform owned by Kuaishou, and Mints, a Chinese digital collection platform, launched Kuaishou's first NFT digital collection called "Magnetic Engine Influencers" on Wednesday.
The e-commerce department of Kuaishou, a popular short video platform in China, announced that it had reached a deal with Zhima Credit, a subsidiary of Ant Group, to launch a new payment scheme on the platform.
Kuaishou Technology, a leading Chinese social media firm, announced on Tuesday that Beijing Dajia (on behalf of Kuaishou) and Tencent Computer have entered into the 2022 game cooperation framework agreement.
Kuaishou Technology, China's leading content community and social platform, released its financial report for the first quarter of this year.
The e-commerce arm of Kuaishou, TikTok's rival in China, announced the establishment of a real estate business center by an internal letter in April this year.
Xiamen Nuowei Qifeng Venture Capital (Limited Partnership) was formally established with a registered capital of 100 million yuan ($15.7 million).