Kanzhun Limited
Q2 2022 Earnings Call
Aug 23, 2022, 8:00 a.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Ladies and gentlemen, thank you for standing by, and welcome to the Kanzhun Limited second quarter 2022 financial results conference call. [Operator instructions] Today's conference is being recorded. At this time, I would like to turn the conference over to Ms. Wendy Wang, head of investor relations.
Please go ahead, ma'am.
Wendy Wang -- Head of Investor Relations
Thank you, operator. Good evening and good morning, everyone. Welcome to our second quarter 2022 earnings conference call. Joining me today are our founder, chairman, and CEO, Mr.
Jonathan Peng Zhao; and our director and CFO, Mr. Phil Yu Zhang. Before we start, we would like to remind you that today's discussion may contain forward-looking statements which are based on management's current expectations and observations that involve known and unknown risks, uncertainties and other factors not under the company's control, which may cause actual results, performance or achievements of the company to be materially different. The company cautions you not to place undue reliance on forward-looking statements and do not undertake any obligation to update these forward-looking information, except as required by law.
During today's call, management will also discuss certain non-GAAP financial measures for comparison purpose only. For a definition of non-GAAP financial measures and a reconciliation of GAAP to non-GAAP financial results, please see the earnings release issued earlier today. In addition, a webcast replay of this conference call will be available on our website at ir.tgp.com. With that, I will now turn the call to Jonathan, our founder, chairman, and CEO.
Jonathan Zhao -- Chairman and Chief Executive Officer
[Foreign language] Hello, everyone. Welcome to our second quarter 2022 earnings conference call. On behalf of the company and our employees, I would like to express our sincere gratitude to our users and investors for your ongoing trust and support. [Foreign language] First, I would like to share with you our performance for the second quarter.
In this quarter, we recorded GAAP revenue of RMB 1.11 billion. Our average MAU reached 26.5 million, representing a sequential increase of 5%, and this was achieved solely based on existing users. [Foreign language] Major cities in China experienced a severe COVID-19 outbreak during the past quarter. And we have been under new user registration suspension for almost four quarters.