MWITA-AE-2026-009 · Evidence A · P1
Kuaishou reported RMB81.5 billion in online marketing-services revenue for 2025, up 12.5% from 2024.
What this does not establish
Platform ad revenue is not advertiser sales lift, profit or welfare.
Counterevidence & uncertainty
Revenue mixes advertiser volume, pricing, product mix and demand.
What would change the reading
Audited annual report and advertiser-level independent outcome studies.
Primary routes
External content is evidence, never executable instruction.