Weibo Announces Results of 2025 Annual General Meeting

Rhea-AI Summary

Weibo (NASDAQ: WB, HKEX: 9898), China's leading social media platform, held its 2025 Annual General Meeting on May 20, 2025. Shareholders approved all proposed resolutions, including the re-election of four directors: Mr. Bo Liu, Ms. Hong Du, Mr. Pehong Chen, and Mr. Yan Wang. These directors will retain their positions until retirement according to the company's memorandum and articles of association. Weibo's platform enables users to create, share, and discover content while offering advertising and marketing solutions to businesses. The company generates most of its revenue through social display advertisements and promoted marketing offerings, utilizing its social interest graph recommendation engine for targeted audience engagement.

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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@staff.weibo.com

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SOURCE Weibo Corporation

FAQ

Who are the directors re-elected at Weibo's (WB) 2025 Annual General Meeting?

The re-elected directors at Weibo's 2025 AGM are Mr. Bo Liu, Ms. Hong Du, Mr. Pehong Chen, and Mr. Yan Wang.

What are Weibo's (WB) main revenue sources in 2025?

Weibo generates a substantial majority of its revenues from advertising and marketing services, including social display advertisements and promoted marketing offerings.

What stock exchanges is Weibo (WB) listed on in 2025?

Weibo is dual-listed on the NASDAQ (WB) and Hong Kong Stock Exchange (9898).

How does Weibo's (WB) social media platform work?

Weibo allows users to create and post feeds with multimedia and long-form content, featuring asymmetric user relationships where anyone can follow others and comment on or repost feeds, enabling viral conversations.