1. Weibo filed its annual report on Form 20-F for FY 2024. 2. The report includes audited financial statements available for shareholders. 3. Weibo is a leading social media platform with significant advertising revenue. 4. The company refines its recommendation engine to enhance marketing effectiveness. 5. Investors can access the report via Weibo's investor relations website.
The filing of the annual report is standard and should not cause drastic price shifts.
The filing is routine but offers insights into Weibo's financial health and operations.
Immediate reactions may occur, but long-term impacts depend on financial performance.
/PRNewswire/ -- Weibo Corporation (the "Weibo" or "Company") (Nasdaq: WB and HKEX: 9898), a leading social media platform in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission on April 15, 2025. The annual report can be accessed on Weibo's investor relations website at http://ir.weibo.com. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to Investor Relations, Weibo Corporation, No.8 SINA Plaza, Courtyard 10, XiBeiWang, Haidian District, Beijing 100193, China.
Weibo is a leading social media platform 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 conforms 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.
Investor Relations
Weibo Corporation
Tel: +86-10-5898-3336
Email: [email protected]
SOURCE Weibo Corporation