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Kuaishou

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Kuaishou is a short-video and live-streaming platform that traces back to 2011 as GIF Kuaishou, created by Cheng Yixiao. That year, 5Y Capital partner Yuan Ye—then a new industry entrant—reached out to Cheng via Weibo and email, initiating what would become a long investment relationship . In 2012, 5Y Capital partner Zhang Fei recommended Su Hua to join as co-founder, bringing machine-learning recommendation algorithms to pair with Cheng's product instincts . The company listed on the Hong Kong Stock Exchange in February 2021 . In 5Y Capital's framing, Kuaishou exemplifies the shift from text-based social media toward rich-media platforms born from smartphone cameras, alongside Instagram, Snap, and later Douyin .

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KuaishouProduct
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