WE

Weibo

WB
HONG KONG EXCHANGES AND CLEARING LTDCommunication Services
$7.50
USD
-0.17(-2.22%)
At close: Jun 16, 20:00 UTC

Open

$7.50

Prev. Close

$7.50

High

$7.52

Low

$7.50

Market Snapshot

Market Cap

$1.79B

P/E Ratio

4.8

EPS

1.27

Revenue

$1.75B

Why WB moved

Weibo faces significant market challenges, with analysts noting a 28% year-to-date decline, highlighting concerns about its user engagement and competitive position in social media.

About

Weibo Corp. engages in the creation, distribution, and discovery of Chinese-language content. The company is headquartered in Beijing, Beijing and currently employs 5,651 full-time employees. The company went IPO on 2014-04-17. The firm operates two segments. Advertising and Marketing segment mainly provides a full range of advertising customization and marketing solutions. Value-added Services segment mainly provides services such as membership services on social platforms, online games, live broadcasts, social e-commerce and others. The firm also engages in internet and other related businesses, including the provision of internet content and online game operations. The firm's users can create, discover, consume and share various formats of content, including text, photo, video, live streaming and audio on the Weibo platform. The firm's main product is the social platform Weibo.

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