Welcome to our dedicated page for KANZHUN American Depository Shares news (Ticker: BZ), a resource for investors and traders seeking the latest updates and insights on KANZHUN American Depository Shares stock.
KANZHUN LIMITED (symbol: BZ) operates the leading online recruitment platform in China, BOSS Zhipin. This innovative platform, launched in July 2014, revolutionizes the recruitment process by enabling direct communication between job seekers and employers through a mobile app. The core features of BOSS Zhipin include real-time chat and precise matching, utilizing advanced big data and artificial intelligence to enhance recruitment efficiency.
BOSS Zhipin caters to a wide array of industries, including transportation, logistics, construction, and service sectors. The platform's user base spans over 350 cities in China, with applications extending to numerous international markets following the company's expansion into the United States in 2017. Approximately 85% of the employers on the platform are small to medium-sized enterprises, making it a vital resource for dynamic economic segments.
KANZHUN LIMITED has achieved significant milestones, including being recognized as a high-tech enterprise by the Chinese government in December 2016. The company has maintained a strong reputation for its quality of service and rapid growth, earning various industry awards.
Financially, KANZHUN LIMITED demonstrates robust performance. The company’s recent forecast for Q2 2024 projects total revenues between RMB 1.91 billion and RMB 1.96 billion, indicating a significant year-on-year increase. Additionally, the company announced a new share repurchase program of up to US$200 million, showcasing its strong financial health and commitment to delivering value to shareholders.
The company’s strategic partnerships, including a notable 9.2% stake held by Tencent, further bolster its market position. KANZHUN LIMITED continues to innovate and expand, firmly positioning itself as a leader in the online recruitment industry.
KANZHUN LIMITED (Nasdaq: BZ) announced a change in the date for its unaudited Q1 results for the period ending March 31, 2022, postponing the announcement from June 20, 2022, to June 24, 2022, due to a scheduling conflict. A conference call to discuss the results will be held on June 24, 2022, at 8:00 PM Beijing Time (8:00 AM U.S. Eastern Time). Participants must pre-register for access. The company operates the BOSS Zhipin platform, a leading recruitment service in China, recognized for facilitating efficient job matching through its interactive mobile app.
KANZHUN LIMITED (Nasdaq: BZ), operator of the leading online recruitment platform BOSS Zhipin in China, will report its unaudited consolidated results for Q1 2022 on June 20, 2022, before U.S. market opening. A conference call to discuss these results is scheduled for the same day at 8:00 PM Beijing Time (8:00 AM U.S. Eastern Time). Participants must pre-register for the call to receive dial-in details. A live and archived webcast will also be accessible on the company’s investor relations site.
Kanzhun Limited (Nasdaq: BZ) provided an update regarding its status under the Holding Foreign Companies Accountable Act (HFCAA). The SEC identified the company on May 4, 2022, due to issues with its auditor's working papers, which the PCAOB cannot fully inspect. This poses a risk of trading prohibition after three consecutive years under HFCAA identification. The company is actively seeking solutions to ensure compliance and maintain its Nasdaq listing.
Kanzhun Limited (NASDAQ: BZ) has announced the appointment of Ms. Xiehua Wang to its board of directors, effective April 30, 2022. Ms. Wang, who has over a decade of experience in product management, previously held positions at Baidu and KE Holdings. Concurrently, Ms. Xin Xu has resigned from the board, with the company clarifying that her departure was not due to any disagreements. Kanzhun operates the leading online recruitment platform BOSS Zhipin, designed to enhance job-seeker and enterprise interactions through its mobile app.
KANZHUN LIMITED (Nasdaq: BZ) has filed its annual report on Form 20-F for the fiscal year ending December 31, 2021, with the SEC on April 28, 2022. The report is accessible on the Company’s investor relations website. Shareholders and ADS holders can request a hard copy of the audited consolidated financial statements for free. KANZHUN operates BOSS Zhipin, a leading online recruitment platform in China, which enhances job seeker and enterprise connections through its interactive mobile app, driving high recruitment efficiency.
KANZHUN LIMITED (Nasdaq: BZ), a leading Chinese online recruitment platform, reported remarkable financial results for Q4 and full year 2021. Q4 revenues surged 69.1% year-over-year to RMB1,090.7 million (US$171.1 million), driven by robust demand for online recruitment services. Full-year revenues climbed 119.0% to RMB4,259.1 million (US$668.4 million). Despite a net loss of RMB1,071.1 million for 2021, adjusted net income reached RMB852.6 million, reflecting a significant operational improvement. The company anticipates Q1 2022 revenues between RMB1.10 billion and RMB1.12 billion, marking a year-on-year growth of 39.5% to 42.0%.
KANZHUN LIMITED (Nasdaq: BZ), a top online recruitment platform in China, will release its unaudited consolidated results for the fourth quarter and full year ending December 31, 2021, on March 23, 2022, before the U.S. market opens. A conference call to discuss the results will take place on the same day at 8:00 PM Beijing Time (8:00 AM U.S. Eastern Time). Interested participants must pre-register to access the call. A live and archived webcast will be available on the Company’s investor relations website.
KANZHUN LIMITED (Nasdaq: BZ) has announced a share repurchase program, authorizing up to US$150 million to be executed over the next 12 months. This initiative reflects the company's confidence in its business model, which has shown strong profitability and robust free cash flow generation in the first nine months of 2021. The repurchases will occur in the open market or through negotiated transactions, depending on market conditions. This strategic move aims to enhance shareholder value and demonstrates the company's commitment to long-term growth.
Kanzhun Limited (Nasdaq: BZ), known as BOSS Zhipin, reported strong results for Q3 2021, with revenues reaching RMB1,211.8 million (US$188.1 million), up 105.4% year-over-year. Net income soared to RMB286.2 million (US$44.4 million), a significant increase from RMB33.8 million in the same period last year. Average monthly active users rose to 28.8 million, increasing by 28.6%. The total paid enterprise customers surged by 110.5% to 4.0 million. Despite ongoing cybersecurity reviews affecting user registrations, the company anticipates Q4 revenues between RMB1.02 billion and RMB1.05 billion, reflecting substantial growth potential.
KANZHUN LIMITED (Nasdaq: BZ), a top online recruitment platform in China, will announce its third-quarter results for the period ending September 30, 2021, on November 23, 2021, before U.S. market open. A conference call will be held the same day at 8:00 PM Beijing Time (7:00 AM U.S. Eastern Time), requiring pre-registration for participants. The call will be accessible via the company's investor relations website, including a replay available until November 30, 2021. KANZHUN has established itself as a leader in online recruitment through a highly interactive app.
FAQ
What is the current stock price of KANZHUN American Depository Shares (BZ)?
What is the market cap of KANZHUN American Depository Shares (BZ)?
What does KANZHUN LIMITED do?
What are the core features of BOSS Zhipin?
Which industries does BOSS Zhipin serve?
What percentage of employers on BOSS Zhipin are SMEs?
How has KANZHUN LIMITED expanded internationally?
What recent financial achievements has KANZHUN LIMITED reported?
What is the recent share repurchase program announced by KANZHUN LIMITED?
Who are KANZHUN LIMITED's main competitors?
Which major corporation has a stake in KANZHUN LIMITED?
What recognition has KANZHUN LIMITED received?
