Kuaishou is a 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, such as in Brazil. In Pakistan and Indonesia, 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 and Cheng Yixiao. 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 overseas team is led by the former CEO of 99, the biggest Brazilian ride-hailing company, and talent from Google, Facebook, Netflix and Tiktok were recruited to lead the company's international expansion. Kuaishou is a short video social platform for all users to record and share their lives, with the core mission to "Capture the World, Share Your Story". Kuaishou topped Google Play and Apple App Store’s Most Downloaded lists in eight countries in 2020. In 2021, it had an average of 1 billion monthly average users, and in August 2021, it reported a quarterly revenue of $2.95 billion, representing a 48.8% year-on-year increase. Kuaishou facilitated more than $59 billion of e-commerce transactions on its platform. Active users on the platform spent an average of more than 100 minutes daily on its main app.