36Kr Holdings Inc (NASDAQ:KRKR) is moving a bit higher in the pre-open session on Tuesday. The stock has fallen 60% over the past year.
Market Action
As of 11:35, KRKR stock is up by 4.65% to trade at $2.70. Over the past year, the stock has been moving within a range of 2.2900 – 8.5000.
36Kr Holdings Inc. Reports First Quarter 2021 Unaudited Financial Results
- Average monthly page views (“PV”) for the twelve-month period ended March 31, 2021 increased by 75.0% to 829.3 million, from 473.9 million for the twelve-month period ended March 31, 2020.
- Total revenues were RMB43.5 million (US$6.6 million) in the first quarter of 2021, compared to RMB65.2 million in the same period of 2020.
- Revenues from online advertising services increased by 57.9% to RMB33.2 million (US$5.1 million) in the first quarter of 2021, from RMB21.0 million in the same period of 2020.
- Revenues from enterprise value-added services were RMB6.9 million (US$1.1 million) in the first quarter of 2021, compared to RMB42.8 million in the same period of 2020. Gross transaction value1 was RMB32.5 million in the first quarter of 2021, compared to RMB42.8 million in the same period of 2020.
- Net loss attributable to 36Kr Holdings Inc.’s ordinary shareholders was RMB39.5 million (US$6.0 million) in the first quarter of 2021, compared to RMB95.4 million in the same period of 2020.
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