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Stable9 articles5 sourcesDernière mise à jour: 23.05.2026

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Kuaishou stock surges on reports of Kling AI unit spin-off
Tech
12.05.2026

Kuaishou stock surges on reports of Kling AI unit spin-off

Kuaishou Technology’s shares jumped as much as 10 per cent on Tuesday morning after reports that the Chinese short-video platform was raising new funding for its Kling AI unit at a US$20 billion valuation. Kuaishou – often seen as a rival to ByteDance-owned Douyin in China – plans to spin off its video generation service, according to a report by Chinese technology news outlet The LatePost on Monday, citing anonymous sources. The company is in talks with potential investors, including Tencent...

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SCMP Tech
Kuaishou shares soar as Kling AI eyes US$20 billion valuation in potential spin-off
Tech
12.05.2026

Kuaishou shares soar as Kling AI eyes US$20 billion valuation in potential spin-off

Kuaishou Technology’s shares jumped as much as 10 per cent on Tuesday morning after reports that the Chinese short-video platform was raising new funding for its Kling AI unit at a valuation of US$20 billion. Kuaishou – often seen as a rival to ByteDance-owned Douyin in China – plans to spin off its video generation service, according to a report by Chinese technology news outlet The LatePost on Monday, citing anonymous sources. The company is in talks with potential investors, including Tencent...

S
SCMP Tech