Kingsoft reports 12% revenue growth in Q3 driven by AI and gaming By

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Kingsoft Corporation Limited, a leading Chinese software and internet service company, has reported robust third-quarter earnings with a notable year-on-year revenue increase. The company’s total revenue reached RMB2,059.7 million, marking a 12% growth compared to the same period last year.

The office software segment of Kingsoft Office Group contributed significantly to this performance, generating RMB1,098.3 million in revenue—an approximate 9% increase. This rise is largely attributed to the success of WPS 365, Kingsoft’s office suite, which has been instrumental in aiding the digital transformation of micro enterprises through high-quality digital office solutions.

Chairman Jun LEI emphasized the strategic focus on artificial intelligence (AI), which has led to enhancements in Kingsoft’s product offerings. These improvements are designed to deliver ultimate graphic quality and facilitate seamless cross-platform operations between PC and mobile platforms. CEO Tao ZOU credited the company’s robust subscription models for contributing to its financial growth.

The gaming sector also played a crucial role in Kingsoft’s positive financial results, with online game revenues climbing by about 15% to RMB961.4 million (USD1 = CNY7.1381). This surge is partly due to consistent updates to the popular game JX3 Online and successful new launches like World of Sword Origin and Snowbreak: Containment Zone. The latter was released in July and has since sustained strong online engagement.

Looking ahead, Kingsoft is preparing for the mobile release of JX3 Ultimate, which is expected to enhance cross-platform user engagement. This release is part of the company’s broader efforts to solidify its market position within China’s competitive tech industry.

With over seven thousand employees worldwide, Kingsoft continues to invest in AI-driven collaboration tools and high-quality game development. These initiatives are aimed at maintaining its reputation for innovation and strengthening its presence both domestically and internationally.

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