36Kr Holdings Inc. Reports Unaudited Financial Results for the Second Half and Fiscal Year 2024
Financial Performance Overview: 36Kr Holdings Inc. reported a total revenue of RMB231.1 million (US$31.7 million) for fiscal year 2024, down from RMB340.2 million in 2023, with significant declines in online advertising and subscription services revenues. The company also experienced a net loss of RMB140.8 million (US$19.3 million) compared to RMB89.2 million in the previous year.
Operational Efficiency Improvements: Despite the challenging market conditions, 36Kr achieved a 50% reduction in operating expenses in the second half of 2024 and maintained a gross profit margin above 50%. The company plans to focus on enhancing its content ecosystem and leveraging AI-driven opportunities for sustainable growth in 2025.
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36Kr Successfully Hosts WISE 2025 Conference, Attracting Over 500 Million Views
- Successful Conference: 36Kr successfully hosted the WISE 2025 Business Kings Conference on November 27-28, 2025, in Beijing's 798 Art District, attracting over 500 million views, significantly enhancing the company's market influence.
- Innovative Agenda Design: The conference redefined the traditional business meeting format through a seven-act short-play agenda, bringing together business leaders from various sectors such as intelligent hardware and artificial intelligence, fostering cross-industry innovation.
- Industry Leaders Participation: The event attracted industry pioneers including Jingkang Liu, Founder of Insta360, and Ying Li, Corporate VP of Baidu, who shared forward-looking insights on China's business ecosystem, aiding participants in seizing long-term growth opportunities.
- IPO Acceleration Camp Launch: 36Kr partnered with Zhong Lun Law Firm and other professional service providers to launch the IPO Acceleration Camp, creating a three-pillar listing support framework designed to help enterprises seize capital market opportunities and enhance competitive advantages.
36Kr Successfully Hosts WISE 2025 Conference, Attracting Over 500 Million Views
- Successful Conference: The WISE 2025 Business Kings Conference, hosted by 36Kr on November 27-28, 2025, in Beijing's 798 Art District, garnered over 500 million views through coverage by more than 80 media outlets and livestreaming on 21 digital platforms, significantly enhancing the company's market visibility.
- Gathering of Industry Leaders: The event attracted business leaders from various sectors including intelligent hardware, AI, and life sciences, who shared forward-looking insights on the future of China's business ecosystem, reinforcing 36Kr's core position in the New Economy.
- Innovation Showcase: The conference featured the
36Kr Holdings Inc. Announces Preliminary Financial Results for the First Half of 2025
Financial Performance: 36Kr Holdings Inc. reported total revenues of RMB93.2 million (US$13.0 million) for the first half of 2025, a decrease from RMB102.4 million in the same period of 2024, while achieving a significant reduction in net loss to RMB4.8 million (US$0.7 million), down 95% year-over-year.
Operational Efficiency: The company improved its gross margin to 54.4%, up 10 percentage points from the previous year, and reduced operating expenses by 52.3% to RMB55.9 million (US$7.8 million), demonstrating enhanced operational efficiency and profitability.
Follower Growth: As of June 30, 2025, 36Kr's follower count reached 36.6 million, marking a 9.9% increase from the previous year, indicating successful content strategy and audience engagement.
Future Outlook: Management emphasized a commitment to deepening content offerings, expanding services, and leveraging AI technology for sustainable growth, aiming to enhance competitive advantages in the evolving New Economy landscape.
US Stocks Rise as Designer Brands Reports Positive Earnings
U.S. Stock Market Performance: U.S. stocks traded mostly higher, with the Dow Jones gaining 50 points, while the NASDAQ and S&P 500 also saw slight increases. Energy shares rose by 1.7%, but materials stocks fell by 1.2%.
Earnings Reports: Designer Brands Inc. reported better-than-expected earnings for Q2, with earnings of 34 cents per share, surpassing the analyst estimate of 23 cents.
Significant Stock Movements: CaliberCos Inc. shares surged 695% after acquiring Chainlink tokens, while Big Tree Cloud Holdings and Santech Holdings also saw substantial gains. Conversely, Sentage Holdings and 36Kr Holdings experienced significant declines.
Global Market Overview: European shares were mixed, with the eurozone's STOXX 600 slightly down, while Asian markets closed mixed as well, with Japan's Nikkei falling and Hong Kong's Hang Seng gaining.
AI Super Apps and What Comes Next: A Glimpse into the Future at 36Kr's 2025 AI Partner Conference
AI Partner Conference Overview: 36Kr Holdings Inc. launched its "2025 AI Partner Conference" in Shanghai, focusing on the theme "The Arrival of the Super App," featuring discussions from industry leaders and academia on advancements in AI technology and the future of super applications.
Recognition and Future Initiatives: The conference highlighted innovative AI applications through awards and announced the "Disruptor Initiative" for 2025, aimed at supporting emerging AI companies in China to achieve transformative success in the global market.
36Kr Holdings Inc. Reports Unaudited Financial Results for the Second Half and Fiscal Year 2024
Financial Performance Overview: 36Kr Holdings Inc. reported a total revenue of RMB231.1 million (US$31.7 million) for fiscal year 2024, down from RMB340.2 million in 2023, with significant declines in online advertising and subscription services revenues. The company also experienced a net loss of RMB140.8 million (US$19.3 million) compared to RMB89.2 million in the previous year.
Operational Efficiency Improvements: Despite the challenging market conditions, 36Kr achieved a 50% reduction in operating expenses in the second half of 2024 and maintained a gross profit margin above 50%. The company plans to focus on enhancing its content ecosystem and leveraging AI-driven opportunities for sustainable growth in 2025.
36Kr Successfully Hosts WISE 2025 Conference, Attracting Over 500 Million Views
- Successful Conference: 36Kr successfully hosted the WISE 2025 Business Kings Conference on November 27-28, 2025, in Beijing's 798 Art District, attracting over 500 million views, significantly enhancing the company's market influence.
- Innovative Agenda Design: The conference redefined the traditional business meeting format through a seven-act short-play agenda, bringing together business leaders from various sectors such as intelligent hardware and artificial intelligence, fostering cross-industry innovation.
- Industry Leaders Participation: The event attracted industry pioneers including Jingkang Liu, Founder of Insta360, and Ying Li, Corporate VP of Baidu, who shared forward-looking insights on China's business ecosystem, aiding participants in seizing long-term growth opportunities.
- IPO Acceleration Camp Launch: 36Kr partnered with Zhong Lun Law Firm and other professional service providers to launch the IPO Acceleration Camp, creating a three-pillar listing support framework designed to help enterprises seize capital market opportunities and enhance competitive advantages.
36Kr Successfully Hosts WISE 2025 Conference, Attracting Over 500 Million Views
- Successful Conference: The WISE 2025 Business Kings Conference, hosted by 36Kr on November 27-28, 2025, in Beijing's 798 Art District, garnered over 500 million views through coverage by more than 80 media outlets and livestreaming on 21 digital platforms, significantly enhancing the company's market visibility.
- Gathering of Industry Leaders: The event attracted business leaders from various sectors including intelligent hardware, AI, and life sciences, who shared forward-looking insights on the future of China's business ecosystem, reinforcing 36Kr's core position in the New Economy.
- Innovation Showcase: The conference featured the
36Kr Holdings Inc. Announces Preliminary Financial Results for the First Half of 2025
Financial Performance: 36Kr Holdings Inc. reported total revenues of RMB93.2 million (US$13.0 million) for the first half of 2025, a decrease from RMB102.4 million in the same period of 2024, while achieving a significant reduction in net loss to RMB4.8 million (US$0.7 million), down 95% year-over-year.
Operational Efficiency: The company improved its gross margin to 54.4%, up 10 percentage points from the previous year, and reduced operating expenses by 52.3% to RMB55.9 million (US$7.8 million), demonstrating enhanced operational efficiency and profitability.
Follower Growth: As of June 30, 2025, 36Kr's follower count reached 36.6 million, marking a 9.9% increase from the previous year, indicating successful content strategy and audience engagement.
Future Outlook: Management emphasized a commitment to deepening content offerings, expanding services, and leveraging AI technology for sustainable growth, aiming to enhance competitive advantages in the evolving New Economy landscape.
US Stocks Rise as Designer Brands Reports Positive Earnings
U.S. Stock Market Performance: U.S. stocks traded mostly higher, with the Dow Jones gaining 50 points, while the NASDAQ and S&P 500 also saw slight increases. Energy shares rose by 1.7%, but materials stocks fell by 1.2%.
Earnings Reports: Designer Brands Inc. reported better-than-expected earnings for Q2, with earnings of 34 cents per share, surpassing the analyst estimate of 23 cents.
Significant Stock Movements: CaliberCos Inc. shares surged 695% after acquiring Chainlink tokens, while Big Tree Cloud Holdings and Santech Holdings also saw substantial gains. Conversely, Sentage Holdings and 36Kr Holdings experienced significant declines.
Global Market Overview: European shares were mixed, with the eurozone's STOXX 600 slightly down, while Asian markets closed mixed as well, with Japan's Nikkei falling and Hong Kong's Hang Seng gaining.
AI Super Apps and What Comes Next: A Glimpse into the Future at 36Kr's 2025 AI Partner Conference
AI Partner Conference Overview: 36Kr Holdings Inc. launched its "2025 AI Partner Conference" in Shanghai, focusing on the theme "The Arrival of the Super App," featuring discussions from industry leaders and academia on advancements in AI technology and the future of super applications.
Recognition and Future Initiatives: The conference highlighted innovative AI applications through awards and announced the "Disruptor Initiative" for 2025, aimed at supporting emerging AI companies in China to achieve transformative success in the global market.
36Kr Holdings Inc. Reports Unaudited Financial Results for the Second Half and Fiscal Year 2024
Financial Performance Overview: 36Kr Holdings Inc. reported a total revenue of RMB231.1 million (US$31.7 million) for fiscal year 2024, down from RMB340.2 million in 2023, with significant declines in online advertising and subscription services revenues. The company also experienced a net loss of RMB140.8 million (US$19.3 million) compared to RMB89.2 million in the previous year.
Operational Efficiency Improvements: Despite the challenging market conditions, 36Kr achieved a 50% reduction in operating expenses in the second half of 2024 and maintained a gross profit margin above 50%. The company plans to focus on enhancing its content ecosystem and leveraging AI-driven opportunities for sustainable growth in 2025.
