Kuaishou-W Shares Gain Over 3% in Morning Session as Kolingo AI Surpasses 100 Million Global Users, 3.0 Series Models Expand AI Narrative Capabilities

Stock News
06/10

Shares of Kuaishou-W (ASX: 01024) rose more than 3% during early trading. At the time of writing, the stock was up 2.44% to HK$45.46, with a turnover of HK$1.4 billion.

According to recent data released via the official Kolingo AI social media account, the platform's global user base has surpassed 100 million as of June 2026, marking an increase of approximately 67% from the 60 million users at the end of 2025. The service now covers 224 countries and regions. Enterprise clients have grown to nearly 50,000, also a 67% increase from the 30,000 recorded at the end of 2025.

Over its two years of operation, Kolingo AI has evolved from version 1.0 to the 3.0Omni model, completing 26 iterations in the past year alone. The company has published 122 research papers and open-sourced 21 projects.

Analysts at Great Wall Securities noted that Kolingo AI's revenue for the first quarter of 2026 exceeded RMB 6.5 billion, representing a year-on-year growth of over 300%. As of March 2026, its Annual Recurring Revenue (ARR) is approaching US$5 billion.

The company launched the Kolingo 3.0 series of models in Q1 2026. These models offer highly flexible scene control, more precise semantic alignment, the capability for simultaneous audio and video generation, and highly consistent subject continuity. This technological advancement is designed to further expand the boundaries of AI-driven narrative creation.

Kolingo AI has consistently focused on addressing the core needs of professional creators in sectors such as film and television, advertising, e-commerce, and gaming. By providing full-chain, industrialized capabilities, it empowers professional creation, leading to significant cost reductions and efficiency gains, which in turn is accelerating its commercialization efforts.

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