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Zhihu Inc. Reports Improved Net Loss Despite Revenue Decline in 2024

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Zhihu Inc. Reports Improved Net Loss Despite Revenue Decline in 2024

Zhihu, Inc. Class A ( (HK:2390) ) has shared an update.

Zhihu Inc. announced its unaudited annual results for the year ending December 31, 2024, revealing a 14.3% decrease in total revenues compared to the previous year. Despite the decline in revenue and a reduction in average monthly active users by 21.2%, the company reported a significant improvement in its net loss, which decreased by 79.9%. The company also saw a slight increase in average monthly subscribing members, indicating a potential shift towards more engaged users.

More about Zhihu, Inc. Class A

Zhihu Inc. operates in the digital content and social media industry, providing a platform for users to share knowledge and insights. The company focuses on engaging users through its mobile apps and website, offering membership packages to enhance user experience.

YTD Price Performance: 23.97%

Average Trading Volume: 277,755

Technical Sentiment Signal: Sell

Current Market Cap: HK$3.17B

For detailed information about 2390 stock, go to TipRanks’ Stock Analysis page.

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