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BEIJING, June 30, 2025 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced the pricing of its share offer (the “Share Offer”) of an aggregate of 34,500,000 Class A ordinary shares of the Company, including 4,500,000 Class A ordinary shares offered pursuant to the Company's full exercise of the offer size adjustment option. The Share Offer is comprised of a Hong Kong public offering (the “Hong Kong Public Offering”), and an international offering (the “International Offering”).
BEIJING, June 27, 2025 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced that each of the proposed resolutions submitted for shareholders' approval (the “Proposed Resolutions”) as set forth in the notice of annual general meeting dated May 22, 2025 has been adopted at the annual general meeting (the “AGM”) held in Beijing, China today.
U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 1% on Tuesday.
BEIJING, June 24, 2025 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced the launch of its share offer of 30,000,000 Class A ordinary shares, comprising a Hong Kong public offering of initially 3,000,000 Class A ordinary shares (the “Hong Kong Public Offering”) and an international offering of initially 27,000,000 Class A ordinary shares (the “International Offering”, together with the Hong Kong Public Offering, the “Share Offer”), subject to reallocation and offer size adjustment.
Kanzhun delivered solid Q1 results with revenue and earnings in line or above consensus, supported by strong growth in paid enterprise users and blue-collar segments. Despite strong fundamentals and AI-driven innovation, macroeconomic headwinds in China—property weakness, declining consumption, and layoffs—pose significant risks to future growth. We maintain a HOLD rating, as risk-reward is balanced: leadership in online recruitment is offset by uncertain macro conditions and potential demand weakness.
I reiterate my buy rating on Kanzhun, as 1Q25 results show strong revenue growth, profitability rebound, and early AI monetization signals. Platform engagement remains robust, with rising hiring activity and user growth, even as the company reduced marketing spend, highlighting strong network effects. Expansion into blue-collar and lower-tier city markets is accelerating, unlocking new growth avenues and validating BZ's strategic direction.
Kanzhun (BZ -3.77%) delivered its first-quarter 2025 results on May 22, reporting that revenue rose 13% year over year to 1.92 billion yuan while GAAP net income rose 112% to 512 million yuan. The company, which operates an online job recruitment platform in China, saw a sharp expansion in adjusted operating margin to 36%, growth in blue-collar and lower-tier city users, and expanded AI integration across user, recruiter, and internal management functions.
Kanzhun Limited (NASDAQ:BZ ) Q1 2025 Results Conference Call May 22, 2025 8:00 AM ET Company Participants Wenbei Wang - Head of Investor Relations Jonathan Peng Zhao - Founder, Chairman & Chief Executive Officer Phil Yu Zhang - Director and Chief Financial Officer Conference Call Participants Eddy Wang - Morgan Stanley Timothy Zhao - Goldman Sachs Wei Xiong - UBS Operator Ladies and gentlemen, thank you for standing by, and welcome to Kanzhun Limited First Quarter 2025 Financial Results Conference Call. At this time, all participants are in a listen-only mode.
KANZHUN LIMITED Sponsored ADR (BZ) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.16 per share a year ago.
BEIJING, May 22, 2025 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced that Ms. Hongyu Liu has been appointed as an independent non-executive director of the Company and a member of the nomination committee.