AsianFin — Kuaishou Technology reported its financial results for the first quarter of 2025 on Monday, posting a total revenue of RMB 32.6 billion ($4.5 billion), a year-on-year increase of 10.9%. Adjusted net profit reached RMB 4.6 billion, representing a 14% adjusted net margin.

The company’s revenue breakdown shows online marketing services contributed 55.1% of total revenue, while livestreaming and other services—including e-commerce—accounted for 30.1% and 14.8%, respectively.

A notable highlight this quarter is the performance of Kuaishou’s AI subsidiary, Kelin AI, which generated more than RMB 150 million ($21 million) in operating revenue. Kelin AI's technologies have been widely integrated into sectors such as advertising, short-form drama production, and smart devices.