36Kr Holdings Inc. reports developments tied to its role as a China-focused platform serving New Economy participants through content, online advertising services, enterprise value-added services and subscription services. Company updates commonly cover unaudited financial results, annual reporting, revenue mix, cost optimization and operating efficiency across its business services model.
News also includes 36Kr's use of data analytics and AI-enabled tools in content and enterprise services, along with events such as the WISE business conference that highlight technology, industry leadership and New Economy themes in China.
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.
36Kr Holdings Inc. (NASDAQ: KRKR) announced it will release its first quarter 2021 unaudited financial results on June 1, 2021, before the U.S. market opens. An earnings conference call will follow at 8:00 a.m. ET. Participants are required to register online 20 minutes before the call. The replay will be available for a limited time after the live event. 36Kr focuses on providing services to China's New Economy participants, leveraging high-quality content and data analytics to drive growth.
36Kr Holdings Inc. (NASDAQ: KRKR) announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2020, with the SEC on April 29, 2021. The report contains the audited consolidated financial statements and is accessible on the company's investor relations website and the SEC's site. Shareholders can request a hard copy of the report free of charge by contacting the investor relations department. 36Kr is dedicated to serving New Economy participants in China and has expanded its services to include online advertising and enterprise value-added services.
36Kr Holdings Inc. (NASDAQ: KRKR) reported its unaudited financial results for Q4 and fiscal year 2020. Q4 revenues fell to RMB121.4 million (US$18.6 million), down 62.4% year-over-year, with a net loss of RMB91.4 million (US$14.0 million). For fiscal year 2020, total revenues were RMB386.8 million (US$59.3 million), a decrease of 41.0%, while net loss reached RMB280.2 million (US$42.9 million). Despite challenges, average monthly page views grew by 48.1% to 630.2 million, highlighting strong user engagement. The company continues to adapt its business operations amid economic impacts from COVID-19.
36Kr Holdings Inc. (NASDAQ: KRKR) has announced it will release its fourth quarter and fiscal year 2020 unaudited financial results on April 15, 2021, prior to the U.S. market opening. An earnings conference call is scheduled for 8:00 AM ET on the same day. Interested participants must register online 20 minutes before the call to receive dial-in details. The call will be available for replay until April 22, 2021. 36Kr focuses on empowering New Economy participants in China with its diverse service offerings and significant brand influence.