Weibo Corp Class A
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Gao Fei Wang
- Full Time Employees
- 5,651
- Sector
- Technology services
- Industry
- Internet software/Services
- Address
- QIHAO Plaza Beijing BE China 100027
- IPO Date
- Dec 8, 2021
- Website
- ir.weibo.com
- Similar Companies
- Business
- Weibo Corporation (9898.HK) operates as a leading social media platform in China, enabling users to create, discover, and distribute content through its flagship Weibo microblogging service. The company provides a comprehensive suite of products and services, including advertising and marketing solutions such as customized ad placements and performance-based marketing; value-added services (VAS) encompassing premium memberships, live streaming, video content, trends, search functionalities, editing tools, content customization, and copyright content pooling; and discovery and self-expression tools that facilitate user engagement and content sharing. Headquartered in Beijing, China, and founded in 2009 as part of Sina Corporation before its spin-off, Weibo primarily serves individual consumers, celebrities, brands, and enterprises in the interactive media and services industry, with operations focused on the People's Republic of China. In recent developments, Weibo reported stable Q1 2025 financial results with flat year-over-year net revenues of $396.9 million, driven by consistent advertising revenues of $339.1 million alongside VAS growth, and announced its Q3 2024 unaudited results alongside plans for Q3 2025 reporting, reflecting ongoing focus on operational efficiency amid market challenges; the company also maintains a strong liquidity position with $2.2 billion in cash, cash equivalents, and short-term investments as of September 2024.
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