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Kuaishou's Xiao Gu: New Tier Cities Propel Sustained Growth in Local Life Business
2025-04-17 /
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Author：小编
Xiao Gu, Senior Vice President of Kuaishou, revealed that in 2024, the company's local life business witnessed a remarkable 200% year-over-year surge in Gross Merchandise Volume (GMV) and a 100% increase in the daily number of paying users. Notably, users from new tier cities contributed over 62% of the total, emerging as a pivotal growth driver. Looking ahead to 2025, Kuaishou plans to enhance the integration of AI technology across merchants' full operational spectrum. Together, new tier cities and AI technology are poised to become the primary engines fueling Kuaishou's local life business expansion.
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