BEIJING, Sept. 15, 2017 /PRNewswire/ -- Weibo Corporation
("Weibo" or the "Company") (NASDAQ: WB), a leading social media in
China, today announced that Mr.
Herman Yu has resigned as Chief Financial Officer of the Company to
pursue other opportunities. Mr. Yu's duties will be assumed on an
interim basis by Ms. Fei Cao,
Vice President, Finance of the
Company, until a successor is appointed.
About Weibo Corporation
Weibo is a leading social media for people to create, share
and discover Chinese-language content. It provides an unprecedented
and simple way for people and organizations to publicly express
themselves in real time, interact with others and stay connected
with the world. Any user can post a feed and attach
multi-media or 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 its customers, ranging from large companies
to small and medium-sized enterprises to individuals. The Company
generates a substantial majority of revenues from the sale of
advertising and marketing services, including the sale of social
display ads and promoted feeds. Weibo has developed and
is continuously refining its social interest graph recommendation
engine, which enables its 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: +8610 5898-3017
Email: ir@staff.weibo.com
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SOURCE Weibo Corporation