What are the trends in active user numbers, job postings, and GMV (gross merchandise value) for the quarter?
Answer
The press release you quoted only announces that KanZhunâŻLimited (BOSSâŻZhipin) will publish its unaudited Q2âŻ2025 results onâŻAugustâŻ20âŻ2025.âŻIt does not include any quantitative information about:
- Active user numbers (e.g., monthly active users or daily active users)
- Job postings (e.g., total listings, new postings vs. expirations)
- GMV â Gross Merchandise Value (the total value of transactions processed on the platform)
Because those metrics are not disclosed in the announcement, we cannot determine the direction of the trends (whether they are increasing, decreasing, or flat) for the quarter from this specific news item.
How to obtain the trend information
Wait for the Q2âŻ2025 earnings release (AugustâŻ20âŻ2025).
- The companyâs earnings presentation, press release, or the SEC FormâŻ10âQ (for the U.S. filing) will typically contain a âKey Metricsâ or âOperating Highlightsâ slide/table that shows quarterâoverâquarter changes in active users, job postings, and GMV.
Check the investor relations section of KanZhunâs website.
- After the results are posted, the site usually provides a downloadable PDF of the earnings release, a slide deck, and sometimes a supplemental âManagement Discussion & Analysisâ (MD&A) that discusses the performance of these core metrics.
Monitor financial data providers and news wires.
- Services such as Bloomberg, Reuters, FactSet, or S&P Capital IQ will update their databases with the reported figures shortly after the release. They often also provide historical trend charts that let you see the change versus prior quarters and the same quarter in the previous year.
Listen to the earnings call (if scheduled).
- Companies often hold a conference call/webcast for analysts and investors. The call transcript or replay will usually include management commentary on user growth, posting volume, and GMV, sometimes with forwardâlooking guidance.
Review regulatory filings.
- For a U.S.-listed company, the FormâŻ10âQ filed with the SEC will contain detailed financial statements and footnotes that break out GMV and other operating metrics. The HKEX filing (if any) may also provide comparable data for the HongâŻKong market.
What to expect (based on typical reporting)
While we canât provide the actual Q2âŻ2025 numbers, hereâs the type of information companies in the online recruitment space usually disclose:
Metric | Typical reporting format | What analysts look for |
---|---|---|
Active Users | Monthly Active Users (MAU) and Daily Active Users (DAU) â often shown as YoY (yearâoverâyear) and QoQ (quarterâoverâquarter) growth percentages. | Growth in user base signals market traction; a slowdown may raise concerns about platform saturation or competitive pressure. |
Job Postings | Total job listings posted during the quarter; sometimes broken down by industry, region, or job type. | Higher posting volume indicates stronger demand from employers; a decline could reflect macroâeconomic headwinds or hiring freezes. |
GMV (Gross Merchandise Value) | Total value of all transactions (e.g., fees, advertising spend, premium services) processed on the platform for the quarter. Usually presented with YoY/QoQ growth and sometimes a margin (GMVâŻĂ·âŻRevenue). | GMV growth reflects the platformâs ability to monetize its user base and expand higherâvalue services. |
When the Q2âŻ2025 results are released, you can compare these figures to:
- Q1âŻ2025 (to gauge shortâterm momentum)
- Q2âŻ2024 (to assess yearâoverâyear performance)
- Managementâs guidance (to see if the company expects continued growth or a slowdown).
Bottom line
The current announcement does not provide the data needed to answer the question about trends in active users, job postings, or GMV for Q2âŻ2025. Youâll need to wait for the actual earnings release onâŻAugustâŻ20âŻ2025, or consult the subsequent SEC/HKEX filings, investor presentations, or earnings call transcripts to obtain those details. Once the figures are available, you can analyze the quarterâoverâquarter and yearâoverâyear changes to determine the direction of each trend.