36Kr Holdings Inc. Stock Price, News & Analysis

36Kr Holdings Inc. (NASDAQ: KRKR) announced its participation in multiple upcoming investor conferences. These include the Goldman Sachs China Conference (November 1-5, 2021), Citi China Investor Conference (November 1-10, 2021), and BofA Securities 2021 China Conference (November 1-12, 2021), all virtual events. Additionally, the company will attend the CICC Investment Forum and China Merchants Securities Capital Markets Conference in Shanghai. Management will meet with institutional investors during these events, focusing on empowering participants in China's New Economy.

36Kr Holdings Inc. (NASDAQ: KRKR) announced a new marketing collaboration with Intel, providing customized short-form video advertising solutions for Intel's Evo™ platform laptops. The campaign includes a 7-minute video and three 4-minute videos, already achieving over 7 million views. Launched in August 2020, 36Kr's short-form video initiative has gained over 6 million followers, enhancing its advertising capabilities and attracting more B2C clients. This growth positions 36Kr as a leader in the Business & Finance video content sector, aiming to increase customer engagement and spending.

36Kr Holdings Inc. (NASDAQ: KRKR) has announced the expansion of its joint venture, 36Kr Global, into the European and Australia & New Zealand markets. This move marks a significant step in its international business development, building on previous successes in Asia. The new operations will focus on providing regional business news and enterprise services, alongside establishing media outlets KrEurope and Kr-ANZ. The CEO emphasized the opportunity to support Chinese New Economy enterprises in their global growth and enhance brand recognition.

36Kr Holdings Inc. (NASDAQ: KRKR) reported its unaudited financial results for Q2 2021, revealing total revenues of RMB72.1 million (US$11.2 million), a decline from RMB76.7 million in Q2 2020. Online advertising revenues surged by 65.1% to RMB51.7 million (US$8.0 million). The company posted a net loss of RMB34.1 million (US$5.3 million), significantly reduced from RMB79.5 million year-over-year. Notably, gross profit increased by 86.1% to RMB41.4 million (US$6.4 million), with a gross profit margin of 57.4%, up from 29.0% in the previous year.

36Kr Holdings Inc. (NASDAQ: KRKR) announced it will release its unaudited financial results for Q2 2021 on August 24, 2021, before U.S. markets open. An earnings conference call is scheduled for 8:00 AM ET on the same day. Participants must register online 20 minutes in advance. The call will be available via live and archived webcast on the Company's investor relations website, with a replay option until August 31, 2021. 36Kr serves New Economy participants in China, providing content and business services aimed at empowering its clients.

36Kr Holdings Inc. (NASDAQ: KRKR) announced its news content is now included in Bloomberg Terminal feeds, enhancing its visibility in the global financial market. This inclusion reflects 36Kr's strong content production capabilities and serves as a validation of its influence in the New Economy sector in China. With over 10 years of experience, 36Kr aims to empower New Economy participants through quality content and expanded services. The company plans to leverage this opportunity to boost its brand awareness and market position.

36Kr Holdings Inc. (NASDAQ: KRKR) has partnered with NIO to launch a business-centric podcast series called Kr-Intelligence on NIO Radio. This collaboration aims to provide high-quality business insights and trends to NIO users. 36Kr continues to expand its content ecosystem across various formats, enhancing its service offerings beyond content creation. Co-chairman Dagang Feng expressed enthusiasm for leveraging new technologies and partnerships to enrich user experience and tap into the growing market for audio content in the New Economy.

36Kr Holdings Inc. (NASDAQ: KRKR) announced the provision of customized short-form video marketing solutions for Volkswagen Group China as part of their 2021 marketing program. The initiative features an 8-minute video showcasing Volkswagen’s technology and vision for future transportation. 36Kr has produced over 150 video programs and developed a distribution network across multiple social platforms, amassing over 4.5 million followers and 60 million views. The company aims to leverage its video marketing to boost user engagement and revenue growth, positioning itself strongly in China's New Economy content landscape.

36Kr Holdings Inc. (NASDAQ: KRKR) reported its unaudited financial results for Q1 2021, showing total revenues of RMB43.5 million (US$6.6 million), down from RMB65.2 million in Q1 2020. Online advertising revenues surged by 57.9% to RMB33.2 million (US$5.1 million), while revenues from enterprise value-added services decreased significantly to RMB6.9 million (US$1.1 million) from RMB42.8 million. Gross profit soared by 329.0% to RMB23.4 million (US$3.6 million), boosting gross profit margin to 53.7%. Despite a net loss of RMB39.5 million (US$6.0 million), this marked an improvement from RMB95.4 million loss in the prior year.