Kuaishou
Chinese video application company
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| June 2024 | Released Kling, a diffusion transformer text-to-video model capable of generating two-minute videos at 30 fps and 1080p resolution, comparable to OpenAI's Sora. |
| June 2024 | Launched a branch center in São Paulo, Brazil, in collaboration with the Sichuan international communication center. |
| October 2022 | Beijing Radio and Television Station took a minority ownership stake in Kuaishou. |
| December 2021 | Announced a major reorganization, including laying off 30% of staff, primarily mid-level employees earning over $157,000 annually. |
| February 2021 | Debuted on the Hong Kong Stock Exchange with shares soaring 194% at opening, but later faced significant regulatory challenges. |
| January 2021 | Announced plans for an initial public offering (IPO) to raise approximately US$5 billion. |
| June 2020 | App banned in India along with 58 other apps due to data and privacy issues during China-India skirmishes. |
| 2019 | Announced a partnership with People's Daily to experiment with artificial intelligence in news. |
| April 2018 | Kuaishou's app was briefly banned from Chinese app stores after CCTV reported on the platform popularizing videos of teenage mothers. |
| January 2018 | Forbes estimated the company's valuation at US$18 billion. |
| March 2017 | Kuaishou closed a US$350 million investment round led by Tencent. |
| 2013 | The app reached 100 million daily users. |
| November 2012 | Kuaishou transformed into a short video community platform where users could record and share videos. |
| March 2011 | Kuaishou's predecessor 'GIF Kuaishou' was founded, initially as a mobile app for creating and sharing GIF pictures. |
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