August 8, 2022
Your browser doesn’t toughen HTML5 audio In line with HKEx paperwork launched on Friday, Chinese

Your browser doesn’t toughen HTML5 audio

In line with HKEx paperwork launched on Friday, Chinese language on-line Q&A platform Zhihu handed the desired listening to earlier than its IPO debut. The IPO underwriters will likely be Credit score Suisse, JPMorgan Chase & Co, CICC and CMB World.

Zhihu, based in 2011, used to be indexed at the New York Inventory Trade in March 2021. Now, alternatively, Zhihu is looking for a secondary list at the HKEx.

In line with the prospectus, in This autumn 2021, Zhihu‘s reasonable per month lively customers reached 99.6 million whilst the common per month guests reached 500 million and the common per month consumer interactions reached 390 million instances.

Zhihu‘s source of revenue in 2019, 2020 and 2021 used to be 670.5 million yuan ($105 million), 1.4 billion yuan and three billion yuan respectively, whilst web losses had been 1 billion yuan, 517.6 million yuan and 1.3 billion yuan in the similar sessions. The corporate expects its overall income within the first quarter of 2022 to be between 720 million yuan and 740 million yuan.

In 2021, the gross benefit of Zhihu used to be 1,553.9 million yuan, when compared with 757.8 million yuan in 2020. Its gross benefit margin used to be 52.5%, when compared with 56.0% in 2020.

With regards to price, Zhihu‘s price of income used to be 1.4054 billion yuan in 2021, an building up of 136.44% year-on-year which the corporate says used to be because of an building up in prices for promoting, cloud products and services and bandwidth brought about by means of the speedy expansion of its consumer base.

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As well as, Zhihu disclosed its newest fairness construction. Amongst them, founder Zhou Yuan holds 11.64%, Tencent holds 12.02%, Sinovation Ventures holds 9.65% and Qiming Undertaking Companions holds 8.27%.