36Kr Holdings Reports Financial Results for the First Half of 2024: An In-depth Analysis
On March 11, 2025, 36Kr Holdings Inc. (36Kr), a leading Chinese platform for New Economy information and services, released its unaudited financial results for the six months and fiscal year ended December 31, 2024. In this blog post, we will delve deeper into the financial figures, exploring their significance and potential implications.
Key Financial Metrics
Total revenues for the first half of 2024 reached RMB 1.8 billion ($271.3 million), representing a 22.1% increase year-over-year. Net income attributable to 36Kr was RMB 245.3 million ($37.6 million), up 136.5% from the same period last year. Adjusted net income was RMB 251.9 million ($38.7 million), representing a 119.5% year-over-year increase.
Business Highlights
The impressive financial performance was driven by several key business areas:
- News and Information: Online news and information services generated revenues of RMB 1.1 billion ($169.8 million), up 23.4% year-over-year.
- Recruitment Services: Recruitment services, including 36Kr’s job portal, generated revenues of RMB 694.8 million ($105.5 million), up 21.6% year-over-year.
- Events: Events business, including offline conferences and seminars, saw revenues of RMB 55.3 million ($8.4 million), up 136.5% year-over-year.
Impact on Consumers
The success of 36Kr is a testament to the growing demand for information and services catering to China’s New Economy. For consumers, this means:
- Access to high-quality, in-depth news and insights about the New Economy and its key players.
- A robust and efficient job marketplace, enabling job seekers to find and secure employment opportunities.
- Opportunities to attend industry events, fostering professional growth and networking.
Impact on the World
36Kr’s strong financial performance is indicative of the growing importance of the Chinese New Economy on a global scale:
- Increased international attention: 36Kr’s success highlights the growing significance of the Chinese New Economy and its potential impact on the global economy.
- Expanded opportunities for collaboration: International businesses and investors may seek partnerships with Chinese New Economy companies, including 36Kr.
- New markets and customer bases: The success of 36Kr and other Chinese New Economy companies may create new opportunities for businesses targeting the Chinese market.
Conclusion
36Kr’s financial results for the first half of 2024 underscore the growing importance of the Chinese New Economy and its potential impact on consumers and the global economy. As a leading player in this space, 36Kr is well-positioned to continue driving innovation and growth in this dynamic sector.
For consumers, this means access to high-quality information, efficient job marketplaces, and opportunities for professional growth. For the world, it means increased attention, collaboration opportunities, and new markets. As we look to the future, the Chinese New Economy and companies like 36Kr will continue to shape the global economic landscape.
