One-sentence summary
This dataset summarizes Kuaishou's Kling funding close: RMB 19.802B actually raised (about $2.98B), about RMB 645M below the RMB 20.447B cap; Kuaishou keeps 66.68% economics and 52.45% voting rights via Lucky Labs and targets a 2027 IPO.
Notes
- Figures in RMB 100M (USD approximate).
- Data per Kling's funding close announcement.
- Economics and voting rights are Kuaishou's post-deal stakes via Lucky Labs.
Core Data
| model | Value | Note |
|---|---|---|
| Amount raised | RMB 19.802B (~$2.98B) | Round closed |
| Disclosed cap | RMB 20.447B | — |
| Shortfall | ~RMB 645M | BlueFive affiliate did not subscribe |
| Who took stakes | Kingdee, MetaX, etc. | Took up the uncompleted portion |
| Kuaishou economics | ~66.68% | Via Lucky Labs |
| Kuaishou voting rights | ~52.45% | Retains control |
| IPO plan | 2027 | Per earlier reports |
Field Notes
- Economics: Share of dividends and economic interest.
- Voting rights: Share of decision votes; Kuaishou keeps control at 52.45%.
Sources
- Guancha (QQ News): November 1 hard-tech brief