Business
Kunlun Tech Co: Revenue up 15.2% but net loss of ¥1.59B due to R&D and investment losses; AI business grows
Kunlun Tech Co: Revenue up 15.2% but net loss of ¥1.59B due to R&D and investment losses; AI business grows

About this update from Kunlun Tech Co., Ltd. Class A
Revenue grew 15.2% to ¥5.66 billion, driven by overseas AI and content platforms, but a net loss of ¥1.59 billion resulted from increased R&D and investment losses. AI commercialization advanced, with strong ARR in music and short drama, and the company expects AI business profitability by 2027.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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