Weibo Files its Annual Report on Form 20-F

Rhea-AI Summary

Weibo Corporation (Nasdaq: WB), a prominent social media platform in China, announced the filing of its annual report on Form 20-F for the fiscal year ending December 31, 2022, with the U.S. Securities and Exchange Commission on April 27, 2023. Shareholders and ADS holders can request a free hard copy of the report, which includes audited consolidated financial statements. Weibo combines public self-expression and content distribution, enabling users to create and share multimedia content. The company generates a majority of its revenue from advertising and marketing services, providing solutions tailored to diverse business needs. For more information, the report can be accessed on Weibo's investor relations website.

Positive

• Weibo filed its annual report on Form 20-F, ensuring compliance with SEC regulations.
• The company continues to offer a wide range of advertising and marketing solutions, supporting revenue generation.

Negative

• None.

BEIJING, April 27, 2023 /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, 2022 with the U.S. Securities and Exchange Commission on April 27, 2023. 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.

About Weibo

Weibo is a leading social media for people to create, discover and distribute content. 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. The Company 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. Designed with a "mobile first" philosophy, Weibo displays content in a simple information feed format and offers native advertisement that conform to the information feed on our platform. To support the mobile format, we have developed and 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.

View original content:https://www.prnewswire.com/news-releases/weibo-files-its-annual-report-on-form-20-f-301809506.html

SOURCE Weibo Corporation

FAQ

What financial report did Weibo file on April 27, 2023?

Weibo filed its annual report on Form 20-F for the fiscal year ending December 31, 2022.

Where can I access Weibo's annual report?

Weibo's annual report can be accessed on its investor relations website.

What is the stock symbol for Weibo Corporation?

The stock symbol for Weibo Corporation is WB.