News
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Because it's a stupid, non standard way to say it. I understood it fine but I still thought it was a needless abbreviation.
Formatting of the number changes the way people interpret it. Which looks larger from a quick glance 1k or 1,000? You're 1h% correct, it's totally needless, makes it less clear and honestly was probably done intentionally.
K = kilo, which stands for 1000. It's extremely standard. Saying it's stupid is like saying $ or π or & or # or % is stupid.
1k is a common way to shorten 1,000. And 1,000% is an acceptable way to say 10x. But 1k% is definitely a stupid abbreviation that nobody uses.
Non standard. That is all.