Kuaishou Technology reported revenue growth of 24 per cent in the first quarter, beating estimates, after a year of challenges for China’s technology sector that has weighed heavily on the operator of the country’s second largest short video platform. The Hong Kong-listed company, which has lost over 80 per cent of its market value from its peak in February 2021, said revenue increased to 21.1 billion yuan (US$3.2 billion) in the first three months this year, topping consensus forecast of 20.6 billion yuan. Net losses fell to 6.25 billion yuan from 57.75 billion yuan a year ago, the company added,…