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Weibo Announces Results of 2025 Annual General Meeting

1. Weibo's 2025 AGM re-elected four directors including Mr. Bo Liu. 2. Board continuity may strengthen governance and investor confidence. 3. Weibo is a leading social media platform in China. 4. The company generates most revenue from advertising and marketing solutions. 5. Weibo's unique user engagement model fosters viral content sharing.

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Why Bullish?

The re-election of board members typically signals stability and growth potential. For instance, similar events have led to stock increases in other companies due to renewed investor confidence.

How important is it?

The stability brought by board re-elections is crucial for investor sentiment, impacting WB's price significantly. Consistency in leadership can foster growth, especially in volatile markets.

Why Short Term?

The immediate investor reaction to governance stability can influence stock prices quickly, as seen in previous shareholder meetings of tech firms.

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BEIJING, May 20, 2025 /PRNewswire/ --

Weibo Corporation ("Weibo" or the "Company") (NASDAQ: WB and HKEX: 9898), a leading social media in China, today announced that the following proposed resolutions submitted for shareholder approval have been adopted at its 2025 annual general meeting of shareholders held today:

  1. as an ordinary resolution, THAT Mr. Bo Liu shall be re-elected as a director of the Company at this annual general meeting and retain office until his retirement pursuant to the Company's memorandum and articles of association;
  2. as an ordinary resolution, THAT Ms. Hong Du shall be re-elected as a director of the Company at this annual general meeting and retain office until her retirement pursuant to the Company's memorandum and articles of association;
  3. as an ordinary resolution, THAT Mr. Pehong Chen shall be re-elected as a director of the Company at this annual general meeting and retain office until his retirement pursuant to the Company's memorandum and articles of association; and
  4. as an ordinary resolution, THAT Mr. Yan Wang shall be re-elected as a director of the Company at this annual general meeting and retain office until his retirement pursuant to the Company's memorandum and articles of association.

About Weibo

Weibo is a leading social media for people to create, share and discover content online. Weibo combines the means of public self-expression in real time with a powerful platform for social interaction, content aggregation and content distribution. Any user can create and post a feed and attach multi-media and long-form content. User relationships on Weibo may be asymmetric; any user can follow any other user and add comments to a feed while reposting. This simple, asymmetric and distributed nature of Weibo allows an original feed to become a live viral conversation stream.

Weibo enables its advertising and marketing customers to promote their brands, products and services to users. Weibo offers a wide range of advertising and marketing solutions to companies of all sizes. Weibo generates a substantial majority of its revenues from the sale of advertising and marketing services, including the sale of social display advertisement and promoted marketing offerings. Weibo displays content in a simple information feed format and offers native advertisement that conform to the information feed on our platform. We are continuously refining our social interest graph recommendation engine, which enables our customers to perform people marketing and target audiences based on user demographics, social relationships, interests and behaviors, to achieve greater relevance, engagement and marketing effectiveness.

Contact:

Investor Relations
Weibo Corporation
Phone: +86 10 5898-3336
Email: ir@weibo.com

SOURCE Weibo Corporation

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