Chinese Quora-like platform Zhihu reported revenue of RMB 911.7 million ($128.2 million) for the third quarter of 2022 on Wednesday, a 10.7% yearly increase. The figure beat the average estimation of six analysts from Yahoo Finances. Net loss, meanwhile, was RMB 297.6 million, narrowing by 38.9% from last quarter but expanding by 10.3% from last year. Average monthly active users (MAUs) were 97 million, a 4.1% yearly decrease, while the platform’s average monthly paying members reached 10.9 million for the reported quarter, up 99.5% year on year. Revenue from paid membership increased 88.1% yearly to RMB 335.4 million in the third quarter of 2022. “Despite the ongoing challenging macroeconomic conditions, our total revenues for the quarter recorded a double-digit year-over-year increase,” said Mr. Wei Sun, CFO of Zhihu, “We firmly believe that Zhihu’s resilient and innovative business model positions us well for continued investment in long-term growth while striving to achieve profitability.” [Zhihu]