KANZHUN LIMITED (“BOSS Zhipin” ) (Nasdaq: BZ), a leading online recruitment platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2021.
Third Quarter 2021 Highlights
• Revenues for the quarter were RMB1,211.8 million (US$188.1 million), an increase of 105.4% from RMB590.1 million for the same quarter of 2020.
• Calculated cash billings1 for the quarter were RMB1,221.0 million (US$189.5 million), an increase of 61.8% from RMB754.8 million for the same quarter of 2020.
• Average monthly active users (MAUs)2 for the quarter were 28.8 million, an increase of 28.6% from 22.4 million for the same quarter of 2020.
• Total paid enterprise customers3 in the twelve months ended September 30, 2021 increased by 110.5% to 4.0 million from 1.9 million in the twelve months ended September 30, 2020.
• Net income for the quarter was RMB286.2 million (US$44.4 million), compared to net income of RMB33.8 million for the same quarter of 2020. Adjusted net income4 for the quarter was RMB385.1 million (US$59.8 million), compared to RMB52.3 million for the same quarter last year.
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