36Kr Holdings Inc ( (KRKR) ) just unveiled an announcement.
On March 11, 2025, 36Kr Holdings Inc. reported its unaudited financial results for the second half and fiscal year of 2024. Despite a challenging external environment, the company achieved a 10% increase in followers, reaching 35.9 million by the end of 2024. However, total revenues for the second half of 2024 decreased to RMB128.7 million from RMB200.3 million in the same period of 2023, with declines in online advertising, enterprise value-added, and subscription services revenues. The company managed to significantly reduce its operating expenses by 50% year-over-year for the second half of 2024, focusing on operational efficiency and strategic refocusing on core high-margin businesses.
More about 36Kr Holdings Inc
36Kr Holdings Inc. is a prominent brand and pioneering platform dedicated to serving New Economy participants in China. The company focuses on providing online advertising services, enterprise value-added services, and subscription services, targeting a diverse range of stakeholders in the digital economy.
YTD Price Performance: 33.67%
Average Trading Volume: 471,773
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $7.82M
See more data about KRKR stock on TipRanks’ Stock Analysis page.