Weibo Files its Annual Report on Form 20-F
Rhea-AI Summary
Weibo (Nasdaq: WB; HKEX: 9898), China's leading social media platform, has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024. The report was submitted to the U.S. Securities and Exchange Commission on April 15, 2025.
The annual report is accessible through Weibo's investor relations website at http://ir.weibo.com. Shareholders and ADS holders can request a complimentary hard copy of the annual report, which includes audited consolidated financial statements, by contacting the company's Investor Relations department at their Beijing headquarters.
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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.
Contacts
Investors Relations
Weibo Corporation
Tel: +86-10-5898-3336
Email: ir@staff.weibo.com
View original content:https://www.prnewswire.com/news-releases/weibo-files-its-annual-report-on-form-20-f-302428847.html
SOURCE Weibo Corporation