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Zhihu Reported Q4 MAU of 99.0M, Monthly Subscribing Members of 14.2M, up by 9.2% YoY

Author: Benzinga Newsdesk | March 26, 2024 04:49am

Fourth Quarter 2023 Highlights

Total revenues were RMB1,138.3 million (US$160.3 million) in the fourth quarter of 2023, representing a 2.2% increase from the same period of 2022.
Gross margin expanded to 59.1% in the fourth quarter of 2023 from 56.4% in the same period of 2022.
Net loss was RMB103.1 million (US$14.5 million) in the fourth quarter of 2023, narrowed by 42.6% from the same period of 2022.
Adjusted net loss (non-GAAP)[1] was RMB91.3 million (US$12.9 million) in the fourth quarter of 2023, narrowed by 31.9% from the same period of 2022.
Average monthly active users (MAUs)[2] reached 99.0 million in the fourth quarter of 2023.
Average monthly subscribing members[3] reached 14.2 million in the fourth quarter of 2023, representing a 9.2% increase from the same period of 2022.

Posted In: ZH