Kuaishou
快手
Kuaishou is one of China's two dominant short-video platforms, alongside Douyin (TikTok's Chinese version). Per 峰瑞资本 analysis from 2018-2022, it rose as a leading algorithm-driven content distribution product, with its recommendation system analyzed alongside Douyin's as a paradigm for how content platforms allocate traffic . The platform was part of a broader shift in China's internet landscape: as WeChat entered maturity around 2016 with slowing user growth, Kuaishou and Douyin captured the next wave of mobile video consumption, enabled by China's large base of smartphone users and rapid iteration of popular content formats . In the consumer landscape, Kuaishou also functions as a "knowing" platform where users discover products, creating opportunities when demand outpaces supply through existing retail channels . The platform has faced regulatory measures including youth anti-addiction protections during the pandemic, alongside similar requirements imposed on Douyin and long-video platforms .
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Coverage
Monolith's Xi Cao Named to Forbes 2026 Midas List
Made the list for two consecutive years on the strength of investments in MetaX, Unitree, and other companies.
Monolith砺思资本·Exclusive Interview with LimX Dynamics Founder Wei Zhang: Embodied AI "Isn't Competitive Enough," World Models, and Robot Brains
Demystifying the "World Model"; "You Can't Win If You're Afraid to Lose"
峰瑞资本·A Few Strange Things About AI Interactive Content
It's not enough to ride a big wave to win big.
elsewhere别处发生·Xiaohongshu's Youngest Business Unit Head Strikes Out on Her Own, Using AI to Reimagine "Grass-Seeding"丨début
No more speculation, no more spectating.
elsewhere别处发生·The Sora Shutdown: AI Enters the "Brutal Reckoning" | Yunqi Tech π
The Disappearance of a Viral Hit
云启资本·Dancing with Love: Zhang Huaiting on Serial Entrepreneurship — Why Education Deserves Another AI Makeover | Tsinghua Campus Tour
At a technological inflection point, you have to throw yourself in to seize the era's opportunities.
真格基金·Monolith Raises $488 Million in New Funding
Assets under management exceed 10 billion RMB.
暗涌Waves·Changing Every Today for Tomorrow | 5Y News Monthly
The big news from last month.
五源资本·Interview with Xiaobai Founder Li Yan: AI Is a Brute-Force Aesthetic; Small Can't Be Beautiful
How to engineer and harness emergence is the defining thread of our era.
暗涌Waves·5Y Capital's Kai Liu: The Hype Is Just Surface Noise — AI Entrepreneurship Is Only Just Beginning | 5Y View
The real paradigm shift and structural opportunities are only just beginning to emerge.
五源资本·Xi Cao of Monolith Named to Forbes 2025 Midas List
First-time appearance on the list thanks to early-stage investments in Kuaishou and Unitree
Monolith砺思资本·Conversation with YouWare's Ming Chaoping: They're Skeptical That AI Coding Is a New Form of Creation — and I'm Thrilled | Z Talk
The promising AI product founder chose a path few others dared to take.
真格基金·The World Is Bigger Than the Logic Right in Front of You | 5Y News Monthly
The big news from last month.
五源资本·No matter how the world changes, *Dark Tide* turns three.
Before the sun rises, Anyong will keep searching for answers alongside all of you.
暗涌Waves·Miracles Come from Perseverance | 5Y News Monthly
The big news from last month.
五源资本·January: Arriving at the Realm of Infinity | 5Y News Monthly
The big news from last month.
五源资本·After Raising Hundreds of Millions in Funding, Mei Tao on How This Generation of AI Entrepreneurs Should Build
When the wave comes, jump with it.
暗涌Waves·The AR path is grueling, but Xu Chi still wants to know what the finish line looks like | WAVES
Those without ideals don't grieve.
暗涌Waves·A Conversation with Li Xiang: Throwing Questions at Someone Who's Always Asking
Reflections of a Lifelong Business Journalist
Monolith砺思资本·A Scientist's Attempt to Become a Better CEO | WAVES
Starting another company.
暗涌Waves·Surviving 12 Years in the Cracks: How He Finally Built China's Most Active AI Product | WAVES
Fighting back from the brink.
暗涌Waves·Yuan Liu of ZhenFund: What Kind of Entrepreneur Stands Out in This Era? | Z Talk
Great investors recognize patterns; great founders break them.
真格基金·September: Stay Deliberately Curious | 5Y News Monthly
The big news from last month.
五源资本·Becoming China's Most Daily-Interaction Heavy AI Company: 15 Things MiniMax Got Right
There are two optimistic signals regarding large language models.
暗涌Waves·Yunqi Research Select | Mid-Year AI Industry Review: Ten Hopes and Heartbreaks in the Year of Implementation
How Does the Balance Between Cost and Effectiveness Tip?
云启资本·Confidence Is Tomorrow's Trailblazer | 5Y News Monthly
The major events that happened last month.
五源资本·5Y Capital's Kai Liu: The Evolution of Tech Supply Chain Investing | 5Y View
Three Ecosystems of Hard Tech Investment
五源资本·Change Begins with What You See | 5Y News Monthly
The big news from last month.
五源资本·April: Growing Upward | 5Y News Monthly
The big news from last month.
五源资本·Goodbye to a Decade of Venture Capital | Waves' Second Anniversary
Keep moving forward. Don't look back.
暗涌Waves·The beginning of a miracle often lies within the thing itself | 5Y News Monthly
The big news from last month.
五源资本·Li Xiang × Li Feng: In Waves of Technological Change, Why Is Gaming Usually the First to Make Money? | Li Feng Column
From a Brief History of Gaming to New Online Game Regulations: Finding Innovation Opportunities in the Industry
峰瑞资本·You Yourself Are the Newest Year | 5Y News Monthly
The big news from last month.
五源资本·January, a Fresh Start | 5Y News Monthly
The big news from last month.
五源资本·Greatness Is Built One Moment at a Time | 5Y News Monthly
The big news from last month.
五源资本·September, Sprinting on the Cloud | 5Y News Monthly
The big news from last month.
五源资本·The Indefatigable Zheng Xuanle
The Dividend Generation and Those Who Get Their Hands Dirty
暗涌Waves·Entrepreneurship is a climb where the journey itself is the reward.
The journey is the reward.
Monolith砺思资本·August: Keep Pushing Forward | 5Y News Monthly
The big news from last month.
五源资本·Xi Cao of Lisi Capital and His Eleven Luo Han --- Wait — let me reconsider. "十一罗汉" is almost certainly a reference to *Ocean's Eleven* (the film), used here as a playful nickname for his team. Let me adjust: Xi Cao of Lisi Capital and His Ocean's Eleven
Starting a business is like climbing a mountain — the meaning lies in the climb itself.
暗涌Waves·July: The Courage to Keep Believing | 5Y News Monthly
The big news from last month.
五源资本·June, the World's Childhood | 5Y News Monthly
The big news from last month.
五源资本·Why Are Vector Databases So Important in the Era of Large Models? | Yunqi Capital ChatGPT Special
Milvus & Zilliz Become OpenAI's First Batch of Invited Partners
云启资本·January: Toward Broader Horizons | 5Y News Monthly
The big news from last month.
五源资本·Beyond What Meets the Eye | 5Y News Monthly
The big news from last month.
五源资本·Boundaries are often pushed in extreme environments | 5Y Adventure x Wilderness Survival
Facing fear head-on, entrepreneurs are far more resilient and formidable than we imagine.
五源资本·Database startup **Chengzhang Data** has raised tens of millions of RMB in an angel round led by **Linear Capital** | Linear News
Linear Capital director Zheng Can said: "Data analytics and management platform software, with databases as a representative category, is a thriving market with enormous potential, but at the same time it is also..."
线性资本·No Fear of a Long and Difficult Road | 5Y News Monthly
The big news from last month.
五源资本·The unthinkable is precisely what can be thought. | 5Y News Monthly
The big news from last month.
五源资本·July: Seeking Vast Possibilities | 5Y News Monthly
The big news from last month.
五源资本·Investment, People, Life | 5Y Capital Pub Vol. 7 x This Is Sound Life
A serendipitous journey, moments that left me in awe of founders, and bits of life along the way.
五源资本·5Y Capital Wins Multiple Awards at the ChinaVenture 2021 Annual Rankings | 5Y News
5Y Capital continues to seek out, support, and stand by exceptional founders.
五源资本·The world begins anew each day in a light that is forever fresh. | 5Y News Monthly
The major events from last month.
五源资本·March, Exploration and New Frontiers | 5Y News Monthly
The big news from last month.
五源资本·2022, the Door Opens to the Future | 5Y News Monthly
The big news from last month.
五源资本·5Y News | Cloud Security Community "FireLine Security" Closes Two Consecutive Funding Rounds
New Models for Security Products
五源资本·November: Foresight and Boundless Imagination | 5Y News Monthly
The big news from last month.
五源资本·October is full of hope and fervor | 5Y News Monthly
The major events from last month.
五源资本·A Conversation with Qin Liu: An Investor Needs the Coolest Head and the Wildest Heart | 5Y Talk
Entrepreneurs of this era are a band of mad explorers.
五源资本·The Important Thing Is the Continuous Accumulation of Every Moment | 5Y News Monthly
What were the major events last month?
五源资本·Seeking Pioneers at the Frontier of Technology | 5Y Capital's 3Sigma Bootcamp Opens Global Recruitment
A collision of ideas and hands-on practice spanning technology and business — register now to join.
五源资本·The past has become the future, the future has become the past, and both have become the present | 5Y News Monthly
What major events happened last month?
五源资本·12 New Trends and 12 New Growth Models in Global B2B for 2021 | Ronghui B2B Growth Camp
A look at the latest trends in the post-pandemic B2B market, and the growth strategies behind high-growth B2B companies overseas.
高榕创投·Enterprise interactive learning platform UMU announced the completion of a Series C2 financing round worth over 100 million yuan, with 5Y Capital as the investor | 5Y News
Help companies transform performance and productivity through learning.
五源资本·The Best Is Always Ahead | 5Y News Monthly
Happy Labor Day!
五源资本·April, When All Things Grow | 5Y News Monthly
Looking back at last month's big events, ready to take on Q2 with full confidence.
五源资本·To Better Kick Off March | 5Y News Monthly
The major events of February.
五源资本·5Y Talk | A Conversation with Kuaishou's Hua Su: The Foundational Principle Is Altruism
On Adventure, Perception, and Inspiration.
五源资本·5Y News | Kuaishou, a 5Y Capital portfolio company, lists on the Hong Kong Stock Exchange. Congratulations to Kuaishou!
Here's to Kuaishou — may it thrive endlessly, connect all things, and create more beauty and order!
五源资本·5Y News | Vastai Technologies, a high-performance intelligent vision chip design company, announced the completion of a $50 million Series A funding round.
Vastai Technologies has completed a $50 million Series A financing round, with 5Y Capital co-leading the investment.
五源资本·5Y View | Zhang Fei of 5Y Capital: Stray Dogs, Missionaries, and Gods
Life's experiences are a personal practice — and every one of us is on that path.
五源资本·5Y News|Influencer E-commerce Service Platform "Mokuai Technology" Closes Hundreds of Millions of Yuan in Series C+ Round
Social commerce service platform Mokuaan Technology recently completed a Series C+ round of several hundred million yuan, co-led by Eastern Bell Capital and 5Y Capital.
五源资本·Morningside-backed LifeTech Scientific raises over RMB 1.2 billion in new funding round | Light Moments
China's new drug R&D is undergoing a "Cambrian explosion." The industry's underlying infrastructure for pharmaceutical innovation is one of the core sectors we're tracking in healthcare.
五源资本·5Y Capital Completes First Close of New RMB Fund | Light Moments
Recently, 5Y Capital completed the first closing of its second RMB-denominated fund.
五源资本·5Y Capital's Xutian Jing: ITBT Sector Has a Promising Future, Poised to Produce a New Breed of Pharma Companies with Strong Cash-Generation Capabilities | Light View
ITBT is a long game, but when it succeeds, its contribution to human society is immense.
五源资本·Xpeng Motors' IPO: Key Moments We Know About | Light Moments
A new beginning, a new journey, a new chapter — congratulations to Xpeng Motors!
五源资本·The Triumph of Long-Termism: Morningside Recognized with Multiple Honors in 36Kr's "Most Founder-Friendly" and "Most LP-Trusted" Awards | Light Moments
On August 26, 36Kr's 2020 China Investor Future Summit was held in Shanghai, where the 2020 investment institution rankings were released, including:
五源资本·Morningside-backed XYZ Robotics closes nearly $20 million Series A+ round | Light Moments
Morningside-backed portfolio company XYZ Robotics has closed a nearly $20 million Series A+ round.
五源资本·The Collision of AI and Pharmaceuticals: Galaxy Pharma Tech Raises Nearly $10 Million in Funding | Light Moments
Galixir announced the completion of a nearly $10 million Pre-A funding round. The round was co-led by Source Code Capital and DCM, with 5Y Capital participating as a follow-on investor. Gaorong Capital, the lead investor in the company's angel round, continued to increase its stake.
五源资本·5Y Capital's Qin Liu and Fei Zhang Named to PEDaily's "TOP100 Investors" List | Light Moments
On August 12, PEDaily, China's professional portal for entrepreneurship and investment under Zero2IPO Group, jointly released with Zero2IPO Research the authoritative **2020 "Investment TOP100" investor ranking** — with Qin Liu, Founding Partner of 5Y Capital, and Fei Zhang, Partner of 5Y Capital, both making the list.
五源资本·Morningside Partners with Agora to Launch RTE 2020 Startup Competition, Hunting for the Next Real-Time Internet Unicorn | Light View
Who will be the next unicorn in the real-time internet space? The RTE2020 Real-Time Internet Startup Challenge is waiting for you!
五源资本·Tribute to the Unstoppable Force | Light View
A tribute to the unstoppable force.
五源资本·Before Mastering Taobao, Douyin, and Kuaishou Marketing Tactics, Learn Product and Data Thinking First | Ronghui
In the wave of data-driven marketing, marketing has become product and operations.
高榕创投·A Visual Guide to How New Platforms Are Born | Li Feng Column
The Importance of Datafication to Platform Ascendance
峰瑞资本·Equipping Autonomous Driving, Robotics, and Virtual Entertainment with Brains... How Intelligent Agents Are Reshaping the Future | Ronghui
Five Tech Leaders Discuss: How AI Agents Cross from Virtual to Physical to Bring Greater Benefits to Humanity
高榕创投·Where Does Live E-Commerce End? | Frees Fund
Live commerce is the outcome, not the goal.
峰瑞资本·Richard Liu: As the Pandemic Enters Its Global Second Half, How Can Chinese Startups Seize Antifragile Growth Opportunities
Ten Growth Tips for Founders
高榕创投·Liu Xinhua: How to Crack the Growth Code for Products in the Second Half of the Internet Era | Gaorong Ventures Share
A 10,000-word transcript systematically breaking down the four modules of the growth model — clarifying principles, seizing momentum, refining tactics, and reading people.
高榕创投·200,000 Users Love Watching People Jump on Fridges Late at Night — Who's Paying Attention to Short Video? | FreeS Fund Business School
Who's watching short videos?
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