Kuaishou
corporateKuaishou (HKG: 1024) is China's second-largest short video platform after Douyin, founded in 2011 by Su Hua and Cheng Yixiao. The company went public on the Hong Kong Stock Exchange in February 2021 in one of the year's largest tech IPOs. Tencent is the largest institutional shareholder (~17%), but founders retain control via a dual-class voting structure.
Kuaishou's AI ecosystem is characterized by high-performance multimodal models decentralized across several teams. The Kling Team (led by Kun Gai) produces Kling, a video generation model that gained significant traction in 2024 as one of China's leading text-to-video systems. The Kolors Team develops image generation models, and the Kwaipilot Team (led by Zizheng Zhan) focuses on coding and reasoning models including KAT-Coder and Klear.
As a platform serving over 600 million monthly active users, Kuaishou applies AI extensively to recommendation, content understanding, livestream commerce, and real-time video effects. The company's competitive "frenemy" dynamic with Tencent — receiving WeChat ecosystem access while competing directly with WeChat Video Accounts — shapes its strategic positioning.
People
- Su Hua — Co-founder
- Cheng Yixiao — Co-founder, Chairman & CEO
- Kun Gai OpenReview — Kling Team Lead