Foreign firms face China’s cutthroat competition, while AI threatens knowledge platform Zhihu
A new survey is showing foreign investors in China are most concerned about cutthroat competition from Chinese rivals rather than the traditional concerns over market access. What's behind this changing mindset? And Q&A knowledge-sharing site Zhihu is facing an existential challenge from AI. How can the company compete in the face of such a big threat?
After finding profits, Zhihu faces new questions from AI onslaught
The online knowledge community operator briefly achieved profitability in the first half of this year, but that momentum didn’t carry into the third quarter Key Takeaways: Zhihu reported its revenue…
BRIEF: Zhihu reports adjusted profit as operating costs drop sharply
Online Q&A platform Zhihu Inc. (2390.HK; ZH.US) announced on Tuesday its revenue for the first quarter fell 24.1% year-on-year to 729.7 million yuan ($100.6 million), while its net loss narrowed…
After 14 years of losses, Zhihu finds an answer to its profitability question
The company, sometimes called the Quora of China, is banking on growth from a new AI tool to improve expert-supplied answers to user questions Key Takeaways: Zhihu reported its first-ever…
BRIEF: Zhihu’s loss narrows sharply on improving margins
Online Q&A platform Zhihu Inc. (2390.HK; ZH.US) announced on Tuesday its revenue fell 17.3% year-on-year to 845 million yuan ($120.4 million) in the third quarter. But the company’s gross margin improved to…
BRIEF: Zhihu’s active users plunge by one-fifth as loss narrows
Online Q&A platform Zhihu Inc. (2390.HK; ZH.US), often called the “Quora of China,” announced its loss in the first half of this year narrowed to 246 million yuan ($34.4 million)…
Zhihu answers investor doubts with improving margins
The company often called the ‘Quora of China’ posted a sharply higher gross margin in the first quarter, but its revenue fell for the first time since its 2021 IPO…