Zhihu Reported Q1 Average Monthly Active Users (MAUs) of 89.0M, Average Monthly Subscribing Members of 14.8M
$ZH
Business Services
Consumer Discretionary
First Quarter 2024 Highlights
- Total revenues were RMB960.9 million (US$133.1 million) in the first quarter of 2024, compared with RMB994.2 million in the same period of 2023.
- Gross margin expanded to 56.6% in the first quarter of 2024 from 51.5% in the same period of 2023.
- Net loss was RMB165.8 million (US$23.0 million) in the first quarter of 2024, narrowed by 7.4% from the same period of 2023.
- Adjusted net loss (non-GAAP)[1] was RMB135.7 million (US$18.8 million) in the first quarter of 2024, compared with RMB120.2 million in the same period of 2023.
- Average monthly active users (MAUs)[2] were 89.0 million in the first quarter of 2024.
- Average monthly subscribing members[3] were 14.8 million in the first quarter of 2024.