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BOSS 直 聘 KANZHUN LIMITED Announces Second Quarter 2021 Unaudited Financial Results BEIJING , August 27 , 2021 ( GLOBE NEWSWIRE ) – KANZHUN LIMITED ( “ BOSS Zhipin " or " the Company " ) ( Nasdaq : BZ ) , a leading online recruitment platform in China , today announced its unaudited financial results for the second quarter ended June 30 , 2021 . Second Quarter 2021 Highlights • • • Total revenues for the quarter were RMB1,168.2 million ( US $ 180.9 million ) , an increase of 173.9 % from RMB426.5 million for the same quarter of 2020 . Calculated cash billings¹ were RMB1,444.5 million ( US $ 223.7 million ) , an increase of 175.3 % from RMB524.7 million for the same quarter of 2020 . Average monthly active users ( MAUS ) ² for the quarter were 30.4 million , an increase of 44.8 % from 21.0 million for the same quarter of 2020 . Total paid enterprise customers³ in the twelve months ended June 30 , 2021 increased by 135.9 % to 3.61 million , from 1.53 million in the twelve months ended June 30 , 2020 . Net loss for the quarter was RMB1,414.1 million ( US $ 219.0 million ) , compared to RMB167.4 million for the same quarter of 2020 and RMB176.2 million for the first quarter of 2021. The increase of net loss was mainly due to one - time share - based compensation expenses recorded in the quarter . Adjusted net income for the quarter turned positive to RMB246.5 million ( US $ 38.2 million ) , compared to adjusted net loss of RMB143.4 million for the same quarter last year and adjusted net loss of RMB127.5 million for the first quarter of 2021 . " We are pleased to report strong results for our first quarter as a public company , with robust and quality growth demonstrating our effective ‘ direct - recruitment ” model . ” Mr. Jonathan Peng Zhao , Founder , Chairman and Chief Executive Officer of the Company , commented , “ The successful completion of initial public offering in June is just the start of a long journey , and we treasure this opportunity to shoulder greater responsibility of delivering equal and efficient services to more job seekers and enterprise users . With user satisfaction and platform security as our top priorities , we strive to fulfill our mission of improving the efficiency of connecting talents and jobs through the power of technology . " ¹ Calculated cash billings is a non - GAAP financial measure , derived by adding the change in deferred revenue to revenues . For more information on the non - GAAP financial measures , please see the section of “ Use of Non - GAAP Financial Measures " . 2 MAUS refer to the number of verified user accounts , including both job seekers and enterprise users , that logged on to our mobile applications in a given month at least once . 3 Paid enterprise customers are defined as enterprise users and company accounts from which we recognize revenues for our online recruitment services . 4 Adjusted net income ( loss ) and adjusted basic and diluted net income ( loss ) per ADS attributable to ordinary shareholders are non - GAAP financial measures , excluding the impact of share - based compensation expenses . For more information on the non - GAAP financial measures , please see the section of " Use of Non - GAAP Financial Measures " . 1