Ks is a product of Beijing Racer Technology Co. The predecessor of Racer, called "GIF Racer", was born in March 2011, initially a cell phone application used to create and share GIF images.In November 2012, Racer was transformed from a pure tool application to a short video community, a platform for users to record and share their production and life. Later with the popularization of smartphones and the decline of mobile traffic costs, fast hand after 2015 ushered in the market.
In July 2013, "GIF Racer" transformed from a tool to a short video community. Due to the transformation of the product, the name of the app also removed the "GIF", renamed "fast hand".
June 2015 to February of the following year, fast hand users from 100 million to 300 million.
January 2017, MAU exceeded 150 million, DAU exceeded 50 million.
April 29, 2017, fast hand registered users exceeded 500 million , fast hand daily active users 65 million, daily average upload of millions of short videos.
In November 2017, the number of daily active users of fast hand APP has exceeded 100 million, entering the "daily active billion club", the total registered user data has exceeded 700 million, and more than 10 million new video content is generated every day.
April 13, 2018, the top left of the home page of the fast hand app settings, the left side bar added a "parental control mode" with a child icon.
June 5, 2018, Racer has wholly acquired Acfun. In the future, Station A will maintain an independent brand, maintain independent operation, maintain the original team, and develop independently. And Racer will also give strong support to Station A in terms of funding, resources and technology.
On June 5, 2018, Chinese Online signed a Transfer Agreement with Beijing Racer Technology Company Limited, intending to sell all the interests in Station A held by the company to Racer, which is willing to purchase such interests from the company
On September 14, 2018, Racer announced that it would invest 500 million yuan worth of traffic resources in the next three years with a 500 million yuan traffic plan to help more than 500 National-level poverty-stricken counties high-quality specialties promotion and sales, to help local farmers out of poverty.On September 21, Shutterstock held the first Happy Countryside Speak, which draws on the specialties sales experience of rural short-video netizens to publicize the "earthy marketing science.
May 29, 2019, fast hand daily active users (DAU) has exceeded 200 million.
On October 1, 2019, CCTV News joined hands with Racer to carry out the "1+6" National Day military parade multi-link live broadcast. The official data of Shutterstock shows that since the official launch of the multi-link live broadcast technology at 7:00 am on October 1, to the end of the live broadcast of the military parade ceremony at 12:50 pm, the total number of viewers of the CCTV news joint Shutterstock "1+6" National Day military parade multi-link live broadcast exceeded 513 million, and the highest number of people online at the same time exceeded 6 million
In November 2019, Racer Short Video joined hands with the Spring Festival Gala to formally sign the "Strong Brand Project" strong national brand service program. Shutterstock became the exclusive interactive partner of CCTV's 2020 Spring Festival Gala, carrying out the Spring Festival Gala red packet interaction.
On November 23, 2019, Quick Hands united with QQ Music, Kugou Music, Koume Music and National K Song to release the "Music Prairie Plan", in which the five platforms will integrate hundreds of millions of resources to help more musicians get out of the circle. At the same time, the conference site for the "Racer good voice" new star list, popularity list and king list of the top three Racer musicians awarded the honorary trophy.
On December 25, 2019, CCTV and Racer held a joint conference in Beijing, officially announcing that Racer has become the exclusive interactive partner of the 2020 Spring Festival Gala.
On May 26, 2020, Snapdragon and Jingdong Mall reached a strategic cooperation on e-commerce live broadcasting business, and the purchase of Jingdong's own goods through Snapdragon's live broadcasting will not require a jump.
In the morning of June 6, 2020, Racer announced that the intelligent cloud big data center project landed in the city of Ulanqab, Inner Mongolia, with an investment of 10 billion yuan, is expected to be put into use in 2021.
August 23, 2020, Racer officially acquired YTG gaming team, entering the King of Glory KPL.
November 5, 2020, Racer submitted an IPO prospectus, plans to go public in Hong Kong. Currently, Racer has completed ten rounds of financing, reaching a valuation of nearly $30 billion. Racer plans to raise $5 billion in this IPO, valued at about $50 billion.