Kuaishou reports Q2 revenue flat at ~$5.2B, meeting est., net income down 36% YoY to ~$467M, the biggest drop since 2021, and Kling AI sales up 200% (Rachel Yeo/Bloomberg)

Techmeme — Aug 19, 10:30 AM

https://www.techmeme.com/260819/p12#a260819p12" title="Techmeme permalink">http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /> Rachel Yeo / https://www.bloomberg.com/">Bloomberg:

https://www.bloomberg.com/news/articles/2026-08-19/kuaishou-earnings-drop-by-a-third-hit-by-ai-and-creator-costs">Kuaishou reports Q2 revenue flat at ~$5.2B, meeting est., net income down 36% YoY to ~$467M, the biggest drop since 2021, and Kling AI sales up 200% — Kuaishou Technology earnings fell the most in five years, hit by higher revenue sharing payouts to creators while artificial intelligence …