|Type||Privately held company|
|Founder||Su Hua |
|Revenue||US$ 7.2 billion (2019)|
Kuaishou (Chinese: 快手; lit. 'quick hand') is a Chinese video-sharing mobile app developed by Beijing Kuaishou Technology Co., Ltd, with a particularly strong user base among users outside of China's Tier 1 cities. Outside Mainland China, it has also gained considerable popularity in other markets, topping the Google Play and Apple App Store's "Most Downloaded" lists in eight countries. In India, this app is known as Snack Video. It is often referred to as "Kwai" in overseas markets. Its main competitor is Douyin, which is known as TikTok outside of China.
Kuaishou was founded by Su Hua (宿华) and Cheng Yixiao (程一笑). Prior to co-founding Kuaishou, Su Hua had worked for both Google and Baidu as a software engineer. The company is headquartered in Haidian District, Beijing.
Kuaishou's predecessor, "GIF Kuaishou", was founded in March 2011. GIF Kuaishou was a mobile app created to make and share GIF pictures. In November 2012, Kuaishou transformed into a short video community, and a platform for users to record and share videos depicting their everyday lives. By 2013, the app had already reached 100 million daily users. By 2019, that figure had surpassed 200 million active daily users.
In March 2020, Kuaishou purchased the online video platform AcFun. In early May, Kuaishou launched a short-video app called Zynn, which paid users to use the app and refer other people. It was criticized for being a pyramid scheme, plagiarizing user interfaces from TikTok, and stealing user content from said platform. The app was removed from the Google Play Store on June 10.
In June 2020, the Government of India banned Kwai along with 58 other apps, citing "data and privacy issues". Recent border tensions between India and China might have also played a role in the ban, as there has been an increasingly political "Boycott China" movement in India due to the competitive relations between the two countries in recent years.
Su Hua founded Kuaishou as a GIF-maker app in 2011, then transformed it into a video-sharing and live-streaming platform. The app has garnered a wide user base (including many in rural China), topping more than 110 million daily active users as of December 2017. Backed in part by Chinese Internet firm Tencent, Kuaishou's valuation surged to a reported $18 billion in January 2018. Su, a native of Hunan, was reportedly born in a village that didn't have electricity until 1998. Before founding Kuaishou, Su worked as a programmer at Baidu and Google. 
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