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BOSS Zhipin's total revenue amounted to RMB1,211.8 billion for Q3, representing an increase of 105.4% year-over-year

Tiger Newspress2021-11-23

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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