36Kr Holdings Inc. Stock Price, News & Analysis

36Kr Holdings Inc. (NASDAQ: KRKR) announced the adoption of AIGC technology to enhance its content ecosystem. This transition is expected to significantly boost content production efficiency and reduce costs, with the text-to-image function promising to cut image generation costs dramatically. The technology will facilitate faster text creation and translation, saving on editing resources. Additionally, the 36Kr Enterprise Service Review Platform has seen a more than 90% improvement in user interaction through AIGC integration. Furthermore, 36Kr has joined Baidu's (NASDAQ: BIDU) ERNIE Bot ecosystem, positioning itself as an industry leader in leveraging AIGC for content production.

36Kr Holdings Inc. (NASDAQ: KRKR) reported its unaudited financial results for Q4 and FY 2022, highlighting total revenues of RMB96.6 million (US$14.0 million) in Q4, a 17% decline year-over-year. The company experienced a net loss of RMB21.5 million (US$3.1 million) in Q4, a stark contrast to a net income of RMB15.4 million in the previous year. However, FY 2022 revenues rose 1.8% to RMB322.5 million (US$46.8 million), achieving a net income of RMB22.6 million (US$3.3 million) compared to a net loss of RMB90.6 million in FY 2021. The number of followers grew to 28.7 million, marking a 22.6% increase.

36Kr Holdings Inc. (NASDAQ: KRKR) announced it will release its fourth quarter and fiscal year 2022 unaudited financial results on March 29, 2023, before U.S. market open. The management will host a conference call at 8:00 AM U.S. Eastern Time on the same day. Participants can join via a pre-registration link, and a live and archived webcast will be available on the investor relations website. 36Kr is a leading platform serving New Economy participants in China, providing content and business services aimed at addressing the needs of evolving New Economy companies.

36Kr Holdings Inc. (NASDAQ: KRKR) has partnered with Baidu (NASDAQ: BIDU) as one of the first to integrate the ERNIE Bot ecosystem. This collaboration aims to enhance content creation and enterprise service review using AI technologies. 36Kr will conduct internal testing of ERNIE Bot and deepen ties with Baidu for R&D and product development. This initiative advances 36Kr's goal to build an AI-enabled content ecosystem, boosting content production efficiency and supporting its roadmap within China’s New Economy.

36Kr (NASDAQ: KRKR) announced its integration of ChatGPT and AI-generated content (AIGC) technologies to enhance its content production ecosystem on February 9, 2023. This innovation is aimed at improving content production efficiency and user experience by optimizing the release and distribution of enterprise news and financial reports. The company reported a remarkable 90% increase in user interaction rates on its platform. 36Kr plans to further explore the utilization of these technologies to build a comprehensive content ecosystem that includes pan-commerce, pan-technology, and pan-lifestyle elements, ultimately reshaping industry standards.

36Kr Holdings Inc. (NASDAQ: KRKR) announced the integration of ChatGPT and AI-generated content (AIGC) technologies to enhance its content production and user engagement. The implementation aims to optimize the efficiency and quality of content related to enterprise news, market dynamics, and financing. The introduction of these technologies has already led to a 90% increase in user interaction on the platform. The company plans to further explore and optimize these technologies to build a multifaceted ecosystem covering various content areas, including commerce and technology.

36Kr Holdings Inc. (NASDAQ: KRKR) released its third quarter 2022 financial results, reporting total revenues of RMB94.6 million (US$13.3 million), an 11.5% increase year-over-year. Online advertising revenues surged by 19.8% to RMB63.9 million (US$9.0 million), driven by innovative marketing strategies. Gross profit rose by 24.0% to RMB59.1 million (US$8.3 million), with a gross profit margin of 62.4%. Net income reached RMB2.5 million (US$0.4 million), reversing a loss from the previous year. The company had 26.8 million followers, an 18.6% increase from 2021.

36Kr Holdings Inc. (NASDAQ: KRKR) will report its third quarter 2022 unaudited financial results on December 7, 2022, before U.S. markets open. An earnings conference call will be held at 7:00 AM Eastern Time on the same day. Participants can register for the call via a provided link and will receive dial-in details. A live and archived webcast will be available on the company's investor relations website, and a replay will be offered for one week following the call.

36Kr Holdings Inc. (NASDAQ: KRKR) announced a strategic cooperation with FutureCar, enhancing its presence in the North American New Energy Vehicle (NEV) market. This partnership will involve content sharing and commercialization support, enabling 36Kr to improve its media coverage and capitalize on growth opportunities in the NEV industry. FutureCar, a leading automotive media platform, boasts extensive reach with over 36 million visits. CEO Dagang Feng emphasized this collaboration's potential to elevate 36Kr's global brand influence and support Chinese NEV manufacturers in expanding overseas.