Welcome to our dedicated page for Zhihu news (Ticker: ZH), a resource for investors and traders seeking the latest updates and insights on Zhihu stock.
Zhihu Inc. reports developments tied to its online content community in China, where the company monetizes user engagement through paid membership services, marketing services and other services. News commonly covers quarterly and annual financial results, subscriber trends, revenue mix, margin and profitability commentary, cost discipline, share repurchases, and the role of high-quality content, expert networks and AI capabilities in its community model.
Updates also include foreign-issuer reporting milestones for its NYSE-listed ADSs and HKEX-listed shares, including Form 20-F filings, ESG reporting, annual meeting materials and governance changes.
Zhihu Inc. (ZH) reported impressive Q1 2021 results, highlighting a 154.2% revenue growth to RMB478.3 million (US$73.0 million). Monthly active users surged by 37.7% to 85 million, while paying members soared by 137.8% to 4 million. Gross profit reached RMB272.7 million (US$41.6 million), a 248.5% increase, resulting in a gross margin of 57.0%. The company also completed its IPO, raising approximately US$737.1 million. However, it reported a net loss of RMB324.7 million (US$49.6 million).
Zhihu Inc. (NYSE: ZH) will announce its unaudited financial results for Q1 2021 on May 17, 2021, prior to the U.S. market opening. The management team will host a conference call at 8:00 P.M. Beijing Time (8:00 A.M. U.S. Eastern Time) to discuss the results. Zhihu is recognized as China's largest Q&A-inspired online community, leading in both monthly users and revenue in 2020. A live webcast of the call will be accessible on their investor relations website, with replays available until May 24, 2021.
Zhihu (NYSE: ZH) listed on the New York Stock Exchange on March 26, 2021, with an issue price of US$9.5 per ADS, closing at US$8.5, resulting in a market capitalization of approximately US$4.75 billion. The company, founded in 2011, is China's largest Q&A community and recorded significant user growth, with average mobile MAUs rising by 33% year-over-year in Q4 2020. Zhihu's revenue doubled from RMB670.5 million in 2019 to RMB1.4 billion (US$207.2 million) in 2020, while its gross profit surged by 142.7%. However, the company reported a net loss of RMB517.6 million (US$79.3 million) in 2020.
Zhihu Inc. announced the pricing of its initial public offering (IPO) of 55 million American depositary shares (ADSs) at US$9.5 each, totaling US$772.5 million if underwriters do not exercise additional options, or approximately US$850.9 million if they do. The shares are set to trade on the NYSE under the ticker ZH starting today, with the IPO closing on March 30, 2021. Additionally, private placements of US$250 million in Class A ordinary shares from notable investors are expected to close concurrently.