Kuaishou Technology has declared a special dividend of HK$0.46 per share, totalling HK$2 billion (US$256 million), marking its first dividend payment since its Hong Kong IPO in 2021. This decision follows a strong second quarter, driven by the increasing impact of its AI tools.
AI advancements, particularly with models like OneRec and Kling AI, have boosted user engagement and monetisation. Kling AI alone generated RMB250 million in Q2, expanding into advertising, film, and gaming. The company's Q2 revenue rose 13.1% to RMB35.0 billion, with online marketing and live streaming contributing significantly. Adjusted net profit margins hit a record 16.0%, reflecting AI-driven efficiencies. Kuaishou's average daily active users (DAUs) reached 409 million. The business will continue to invest strongly in AI to empower creators and marketing clients.
The special dividend reflects confidence in Kuaishou's long-term growth and the impact of AI innovation across its core business segments. The business reported a 12.5 percent rise in adjusted net profit to 10.2 billion yuan for the first half of the year.
