U.S. Stock Movement | Kanzhun Limited (BZ.US) Surges Over 7% as Q2 Recruitment Market Demand Shows Recovery Trend

Stock News
Aug 21

On Thursday, Kanzhun Limited (BZ.US) surged over 7%, trading at $23.68. Financial results showed that in the second quarter of 2025, Kanzhun achieved revenue of 2.102 billion yuan, representing a 9.7% increase compared to the same period in 2024. During the earnings conference, Founder, Chairman and CEO Zhao Peng stated that recruitment market demand exhibited a recovery trend in the second quarter, and external competitive environment had limited impact on the recruitment business. Kanzhun announced today that effective August 20, 2025, Chen Xu has been appointed as President of the company. This new position was established to optimize governance structure and enhance organizational efficiency, and will report to company Founder, Chairman and Chief Executive Officer Zhao Peng. In light of Chen Xu's new role as President, effective August 20, 2025, Chen Xu is no longer serving as Chief Marketing Officer. Chen Xu will continue to serve as Executive Director.

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