Zhihu (ZH, Financial) experienced a significant increase in its stock price, rising over 4% to $3.74. The company's third-quarter financial report revealed a revenue of 845 million yuan, with a net loss reduced by 96.8% year-over-year to 9 million yuan. This marks the largest quarterly reduction in losses since the company went public, setting a new record for the lowest net loss in a single quarter.
In a recent conference call, Zhihu's founder, chairman, and CEO, Zhou Yuan, outlined two main priorities for 2025. The financial goal is to substantially reduce annual losses, with the possibility of nearing profitability for the year. On the business front, the focus is on enhancing user experience and boosting user engagement and activity.
