tiprankstipranks
Trending News
More News >

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

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

Confident Investing Starts Here:

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.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App