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Kuaishou Technology

Kuaishou Technology is a Beijing-based short-video and live-streaming company, founded in 2011 as GIF Kuaishou. It listed in Hong Kong in 2021 and builds the Kling video generation model.

Founded 2011Website kuaishou.com Era Statistical learning

2025 · 6 20242026
Events per year
12Models & products14Events2People

What it is

Kuaishou Technology (快手科技) is a Chinese short-video and live-streaming company headquartered in Haidian District, Beijing. It runs the Kuaishou app, a short-video social platform, and has become a major company in both content and commercial video. Its AI work includes the Kling (可灵) video generation model.[1][8]

Origins

The company began in March 2011 as GIF Kuaishou, a GIF-sharing app, and later became a short-video social platform. Its founders were Su Hua (宿华) and Cheng Yixiao (程一笑).[1][2][3] In March 2017 the company closed a US$350 million round led by Tencent, an early investor.[1][2]

The company was listed on the Hong Kong Stock Exchange on 5 February 2021, under stock code 1024. Its market value passed HK$1 trillion on the first day of trading.[1]

Leadership changed in 2021 and 2023. Su Hua stepped down as CEO in October 2021, and Cheng Yixiao became CEO on 29 October 2021. On 29 October 2023 Cheng Yixiao also became chairman.[2][3]

Main features

Kuaishou's revenue was RMB 142.8 billion in 2025, up 12.5% from RMB 126.9 billion in 2024. In 2025 the Kuaishou app averaged 410.2 million daily active users and 724.6 million monthly active users.[5]

The company became a constituent of Hong Kong's Hang Seng Index, an announcement made in November 2024.[4]

In 2024 the company presented several AI models: the KwaiYii (快意) large language model with 175 billion parameters, the Kolors (可图) text-to-image model, and the Kling video generation model.[6][7]

Kling was launched in June 2024. It reached an annualized revenue run rate of US$240 million in December 2025, and generated over RMB 850 million of revenue in the second quarter of 2026. Management calls Kling the company's second growth curve.[8][9][10]

Other AI work named in the company's 2025 annual results includes the open-sourced Keye-671B multimodal LLM, OneRec-V2, OneSearch and the CodeFlicker coding tool. CodeFlicker generated over 40% of new code at the company.[5]

The company employed 24,718 people in 2024.[1]

Its place in the field

Kuaishou's AI work is tied to its consumer video business, so its models are closely connected to creation tools and to the platform's own users. The Kling line is the clearest case: it started as a feature for generating video and grew into a product with its own revenue line, which the company now describes as a second growth curve beside its core business.[8][9]

The company's ownership also has a state element. The China Internet Investment Fund, which is controlled by the Cyberspace Administration of China (国家互联网信息办公室), holds a golden share in the company.[1]

TechniquesGenerative models

ApplicationsConsumer appsCreative tools

Ecosystem & regionChina

20263

  1. ReleaseKuaishou rolls out Kling 4.0

    On 15 October 2026 Kuaishou's video generation model Kling 4.0 became available to all users, adding longer shots, more dynamic motion and Omni Reference, with a faster Flash variant released alongside it.

  2. ReleaseKuaishou launches the Kling 3.0 series

    Kuaishou launched the Kling 3.0 series in February 2026. The series uses an All-in-One framework for text, image, audio and video, and launched globally on 5 February as four models.

  3. MilestoneKling AI annualized revenue reaches US$240 million

    Kuaishou said Kling AI passed US$20 million in monthly revenue in December 2025, an annualized rate of US$240 million, 19 months after launch — a sign that generated video is becoming a paid business.

20256

  1. ReleaseKuaishou releases Kling 2.6 with native audio

    On 3 December 2025 Kling AI released Video 2.6, a video model that generates picture and sound together — speech, singing and ambience — with Chinese and English voices in clips of up to 10 seconds.

  2. ReleaseKuaishou launches Kling O1 unified multimodal video model

    On 1 December 2025 Kuaishou's Kling AI released Kling O1, which the company described as the world's first unified multimodal video model, combining video generation and editing from text, image, video and subject inputs.

  3. ReleaseKuaishou releases Kling 2.5 Turbo

    Kuaishou released Kling 2.5 Turbo in late September 2025; ten days later it ranked No. 1 in both text-to-video and image-to-video on Artificial Analysis, per-video costs fell nearly 30%, and Kling AI revenue exceeded RMB 300 million in Q3 2025.

  4. MilestoneKling AI passes US$100 million annualized revenue

    Kling AI, launched in June 2024, reported a US$100 million annualized revenue run rate in March 2025 and monthly subscription bookings above RMB 100 million in April and May 2025.

  5. ReleaseKuaishou releases the Kling 2.1 series

    At the end of May 2025, Kuaishou released the Kling 2.1 video generation series in three quality tiers, with reported improvements to motion, physics simulation and prompt responsiveness.

  6. ReleaseKuaishou launches Kling 2.0

    In April 2025 Kuaishou released Kling 2.0, an AI video generator it billed as the world's most powerful, adding a multi-modal visual language and multimodal video editing as the product opened to global users.

20245

  1. ReleaseKuaishou releases Kling 1.6

    In December 2024 Kuaishou released Kling 1.6, an upgrade to its video generation model that improved how faithfully clips follow prompts about motion and camera movement, and raised visual quality.

  2. ReleaseKuaishou releases Kling 1.5

    In September 2024 Kuaishou released Kling 1.5, a new version of its AI video generator that added 1080p output, improved motion and prompt adherence, and a motion brush, while keeping the price unchanged.

  3. ReleaseKling AI opens global beta

    On 25 July 2024 Kuaishou opened full beta testing of its Kling AI video generator to users worldwide, replacing application-gated early access with open sign-up, daily free credits and tiered subscriptions.

  4. ReleaseKuaishou open-sources the Kolors text-to-image model

    On 6 July 2024 Kuaishou released Kolors, a text-to-image model published as open source under Apache-2.0 with weights open for research, presented at a WAIC 2024 forum alongside KwaiYii and Kling.

  5. ReleaseKuaishou launches the Kling video generation model

    On 6 June 2024, Kuaishou launched Kling, a text-to-video model that generates up to two-minute 1080p clips, and opened testing first in China and later worldwide. Within a month, users had generated seven million videos.

Models and products over time

12
  1. 2024
    • Jun 6, 2024 Kling (1.0) Model

      Kling (可灵) 1.0 is Kuaishou's video generation model. Text-to-video opened for testing on 6 June 2024, and Kling could generate videos of up to two minutes at up to 1080p.

    • Jun 6, 2024 Kling AI Product

      Kling AI is Kuaishou's AI video and image creation platform, built on its Kling models. It began testing in June 2024 and went global that July, and its annualised revenue run rate passed US$240 million by December 2025.

    • Jul 6, 2024 Kolors Model

      Kolors is Kuaishou's open-weight text-to-image model, released on 6 July 2024, built on latent diffusion and tuned for both Chinese and English prompts.

    • Sep 2024 Kling 1.5 Model

      Kling 1.5 is a September 2024 version of Kuaishou's video generation model, adding 1080p output, a Motion Brush, and quality improvements before being succeeded by Kling 1.6 in December 2024.

    • Dec 2024 Kling 1.6 Model

      Kling 1.6 is a December 2024 upgrade to Kuaishou's Kling video generation model, with better handling of motion and camera instructions in prompts and improved visual quality; it was succeeded by Kling 2.0 in April 2025.

  2. 2025
    • Apr 15, 2025 Kling 2.0 Model

      Kling 2.0 is Kuaishou's AI video generator, launched globally in April 2025 and billed by the company as the world's most powerful, with a multimodal editing feature and the Multi-modal Visual Language concept.

    • May 2025 Kling 2.1 Model

      Kling 2.1 is a Kuaishou video generation model released at the end of May 2025 in three tiers — 720p Standard, 1080p High Quality and 1080p Master — with claimed gains in motion, physical simulation and prompt responsiveness. It was superseded by Kling 2.5 Turbo.[^1][^2][^3]

    • Sep 2025 Kling 2.5 Turbo Model

      Kling 2.5 Turbo is a Kuaishou video generation model released at the end of September 2025, which Artificial Analysis ranked No. 1 worldwide for text-to-video and image-to-video ten days after launch, and which cut creators' per-video generation cost by nearly 30%.

    • Dec 1, 2025 Kling O1 Model

      Kling O1 is a video model that Kuaishou announced on 1 December 2025. The company described it as the first unified multimodal video model: text, image, video and subject inputs go into one engine used both for generation and for editing.

    • Dec 3, 2025 Kling 2.6 Model

      Kling 2.6 is a Kuaishou video generation model released in December 2025 that produces visuals, voiceover, sound effects and ambient audio in a single pass, with clips capped at 10 seconds.

  3. 2026
    • Feb 5, 2026 Kling 3.0 Model

      Kling 3.0 is Kuaishou's video and image model series, launched on 5 February 2026 as four models. It generates up to 15 seconds of video with simultaneous audio, adds multi-shot generation and supports native 4K output.

    • Oct 15, 2026 Kling 4.0 Model

      Kling 4.0 is a text-to-video generation model released to all users in October 2026, adding longer shots, multi-image references and more convincing physical motion, alongside a faster Flash variant built for high-volume work.

People2

Cheng Yixiao2011–Su Hua2011–2023

Notes and sources

  1. Kuaishouhttps://en.wikipedia.org/wiki/Kuaishou
  2. Su Huahttps://en.wikipedia.org/wiki/Su_Hua
  3. 程一笑https://zh.wikipedia.org/wiki/程一笑
  4. Kuaishou Technology to Become Constituent of Hong Kong's Hang Seng Indexhttps://www.prnewswire.com/news-releases/kuaishou-technology-to-become-constituent-of-hong-kongs-hang-seng-index-302314924.html
  5. Kuaishou Technology Announces Fourth Quarter and Full Year 2025 Financial Resultshttps://www.prnewswire.com/news-releases/kuaishou-technology-announces-fourth-quarter-and-full-year-2025-financial-results-302724627.html
  6. Kuaishou Unveils Proprietary Video Generation Model 'Kling;' Testing Now Availablehttps://www.prnewswire.com/news-releases/kuaishou-unveils-proprietary-video-generation-model-kling-testing-now-available-302168757.html
  7. Kuaishou Unveils Comprehensive AI Models, Reshaping Content and Commercial Ecosystem with AIhttps://www.prnewswire.com/news-releases/kuaishou-unveils-comprehensive-ai-models-reshaping-content-and-commercial-ecosystem-with-ai-302191099.html
  8. Kling AI Annualized Revenue Run Rate Hits USD240 Million in December 2025https://www.prnewswire.com/news-releases/kling-ai-annualized-revenue-run-rate-hits-usd240-million-in-december-2025-302659847.html
  9. Kuaishou Technology Announces Second Quarter and Interim 2026 Unaudited Financial Resultshttps://www.prnewswire.com/news-releases/kuaishou-technology-announces-second-quarter-and-interim-2026-unaudited-financial-results-302855081.html
  10. Kuaishou Technology Announces First Quarter 2026 Unaudited Financial Resultshttps://www.prnewswire.com/news-releases/kuaishou-technology-announces-first-quarter-2026-unaudited-financial-results-302782888.html

Cite this page: Kuaishou Technology. TellWorld, https://www.tellworld.net/companies/kuaishou. Updated 2026-11-08