Weibo Corporation (WB)

NASDAQ: WB · IEX Real-Time Price · USD
9.09
-0.41 (-4.32%)
At close: Mar 28, 2024, 4:00 PM
9.10
+0.01 (0.13%)
After-hours: Mar 28, 2024, 7:59 PM EDT

Company Description

Weibo Corporation, through its subsidiaries, operates as a social media platform for people to create, distribute, and discover content in the People's Republic of China.

It operates in two segments, Advertising and Marketing Services; and Value-Added Services. The company offers discovery products to help users discover content on its platform; self-expression products that enable its users to express themselves on its platform; and social products to promote social interaction between users on its platform.

It also provides advertising and marketing solutions, such as social display advertisements; and promoted marketing offerings, such as Fans Headline and Weibo Express promoted feeds, as well as promoted trends and search products that appear alongside user's trends discovery and search behaviors.

In addition, the company offers products, such as trends, search, video/live streaming, and editing tools; content customization, copyright contents pooling, and user interaction development; and search list recommendation, trends list recommendation, and Weibo app opening advertisements.

Further, it provides back-end management, traffic support, and product solutions to MCNs, unions, and e-commerce partners; open application platform for other app developers that allows users to log into third-party applications with their Weibo account for sharing third-party content on its platform; and Weibo Wallet, a product that enables platform partners to conduct interest generation activities on Weibo, such as handing out red envelops and coupons.

The company was formerly known as T.CN Corporation and changed its name to Weibo Corporation in 2012.

The company was founded in 2009 and is headquartered in Beijing, China. Weibo Corporation operates as a subsidiary of Sina Corporation.

Weibo Corporation
Weibo logo
Country China
Founded 2009
IPO Date Apr 17, 2014
Industry Internet Content & Information
Sector Communication Services
Employees 5,935
CEO Gaofei Wang

Contact Details

Address:
8/f, Qihao Plaza, No. 8 Xinyuan S. Road, Chaoyang District
Beijing, F4 100027
China
Phone 86 10 6061-8000
Website weibo.com

Stock Details

Ticker Symbol WB
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001595761
CUSIP Number 948596101
ISIN Number US9485961018
SIC Code 7370

Key Executives

Name Position
Gaofei Wang Chief Executive Officer and Director
Fei Cao Chief Financial Officer
Wang Wei Chief Operating Officer
Wen Li Investor Relations Manager
Jingdong Ge Senior Vice President of Advertising Business
Zenghui Cao Senior Vice President of Operation
Sandra Zhang Investor Relations Officer and Senior Financial Analyst

Latest SEC Filings

Date Type Title
Mar 14, 2024 6-K Report of foreign issuer
Feb 27, 2024 6-K Report of foreign issuer
Feb 7, 2024 SC 13G Statement of acquisition of beneficial ownership by individuals
Feb 7, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Dec 1, 2023 424B5 Filing
Nov 30, 2023 6-K Report of foreign issuer
Nov 30, 2023 6-K Report of foreign issuer
Nov 30, 2023 FWP Free Writing Prospectus
Nov 30, 2023 6-K Report of foreign issuer
Nov 29, 2023 424B5 Filing