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Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Kuaishou reports CNY 35.535 billion revenue in the second quarter of 2026, with Kling AI revenue exceeding CNY 850 million
On 2026/8/19, Kuaishou’s investor relations website disclosed its second-quarter and interim results for 2026: Q2 total revenue was CNY 35.535 billion, first-half revenue was CNY 69.251 billion, and Q2 adjusted net profit was approximately CNY 3.9 billion. Kling AI’s Q2 revenue exceeded CNY 850 million, growing more than 200% year over year.
Kuaishou’s Kling raises nearly USD 3 billion independently at approximately USD 18 billion post-money valuation
Kuaishou’s Kling AI completed nearly USD 3 billion in independent funding on 2026/7/2 at a post-money valuation of approximately USD 18 billion, with participation from Tencent, Alibaba Cloud, Baidu and others. It was the largest single financing for a video large model globally. ARR was nearly USD 500 million in 2026/3, global users exceeded 100 million and enterprise customers approached 50 thousand.
Kling AI receives USD 2.028 billion in initial capital at a USD 18 billion post-money valuation
On 2026/7/2, IT Home reported that China's Kuaishou announced USD 2.028 billion in initial investment in Kling AI, with an additional subscription cap of approximately USD 3 billion, at a post-money valuation of USD 18 billion.
Kling AI exceeds USD 500 million annual revenue
On 2026/5/28, LinkedIn reported that Chinese video generation platform Kling AI, under Kuaishou, had exceeded USD 500 million annual revenue, driven by overseas consumer business. Its parent company was planning a spin-off listing.
Kuaishou’s 2025 results: CNY 142.8 billion full-year revenue, CNY 20.6 billion adjusted net profit, accelerating AI monetization
On 2026/3/25, Kuaishou released its 2025 Q4 and full-year results: CNY 142.8 billion total annual revenue, up 12.5% year over year, and CNY 20.6 billion adjusted net profit, up 16.5%. E-commerce GMV was CNY 1,598.1 billion, approximately CNY 1.60 trillion. Revenue was estimated by dividing CNY 142.8 billion by 7.2, approximately USD 19.83 billion.
Kling AI exceeds USD 20 million revenue in month 12 of the previous year and USD 240 million ARR
On 2026/1/13, Baijiahao reported that Kuaishou’s AI video company Kling AI had exceeded USD 20 million in revenue in month 12 of the previous year and USD 240 million ARR. It had announced ARR above USD 100 million in 2025/3 and recently released Kling O1, the world’s first unified multimodal video model.
Kuaishou’s Kling AI generates CNY 250 million quarterly revenue, serves more than 20 thousand enterprise customers
On 2025/8/22, Baijiahao reported that Kuaishou’s Kling AI had generated CNY 250 million in quarterly revenue and served more than 20 thousand enterprise customers in total. Cumulative revenue from commercialization in 2024/7 through 2025/2 was CNY 100 million, with quarterly revenue now far exceeding that earlier total.
Kling AI reaches USD 100 million in annual revenue 10 months after launch
On 2025/6/6, VIR reported that Kuaishou's AI video generation model Kling AI exceeded USD 100 million in annual revenue in 2025/3, only 10 months after launch. Monthly subscription revenue continued growing in months 4 and 5.
Kling AI reaches USD 100 million ARR
On 2025/3/2, ARR Club reported that Chinese AI video generation company Kling AI had disclosed USD 100 million in annual recurring revenue. The AI video generation model under Kuaishou was commercializing rapidly in video generation.