BEIJING, May 5, 2017 /PRNewswire/ -- Weibo
Corporation (NASDAQ: WB), a leading social media for people to
create, share and discover Chinese-language content, will announce
its unaudited financial results for the first quarter of 2017
before market opens on Tuesday, May 16,
2017. Following the announcement, Weibo's management team
will host a conference call from 7 AM - 8 AM
Eastern Time on May 16, 2017
(or 7 PM - 8 PM Beijing Time on
May 16, 2017) to present an overview
of the Company's financial performance and business operations.
A live webcast of the call will be available through the
Company's corporate website at http://ir.weibo.com. Dial-in to the
conference call can be accessed as follows:
US Toll
Free:
|
+1
866-519-4004
|
Hong Kong Toll
Free:
|
800-906-601
|
China:
|
400-620-8038
|
International:
|
+65
6713-5090
|
Passcode for all
regions:
|
18358362
|
A replay of the conference call will be available through
midnight, Eastern Time on May 23,
2017. The dial-in number is +61 2-8199-0299. The passcode
for the replay is 18358362.
About Weibo Corporation
Weibo is a leading social media platform for people to create,
distribute 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 on a
massive global platform and stay connected with the world. Weibo
combines the means of public self-expression in real time with a
powerful platform for social interaction, as well as content
aggregation and distribution. Any user can create and post a feed
and attach multimedia 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. The simple, asymmetric and
distributed nature of Weibo allows an original feed to become a
live viral conversation stream.
Weibo enable its advertising and marketing customers to promote
their brands, products and services to our users. Weibo offer a
wide range of advertising and marketing solutions to customers
ranging from large companies to SMEs to individuals, including
social display ads, native ads and event-based marketing offerings.
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, or SIG,
recommendation engine, which enables its customers to perform
people marketing and target audiences based on user demographics,
social relationships and interests to achieve greater relevance,
engagement and marketing effectiveness on Weibo.
Safe Harbor Statement
This press release contains forward-looking statements that
relate to, among other things, Weibo's expected financial
performance and strategic and operational plans (as described,
without limitation, in the "Business Outlook" section and in
quotations from management in this press release. Weibo may also
make forward-looking statements in the Company's periodic reports
to the U.S. Securities and Exchange Commission ("SEC"), in press
releases and other written materials and in oral statements made by
its officers, directors or employees to third parties. Statements
that are not historical facts, including statements about the
Company's beliefs and expectations, are forward-looking statements.
These forward-looking statements can be identified by terminology,
such as "will," "expects," "anticipates," "future," "intends,"
"plans," "believes," "confidence," "estimates" and similar
statements. Forward-looking statements involve inherent risks and
uncertainties. A number of important factors could cause actual
results to differ materially from those contained in any
forward-looking statement. Potential risks and uncertainties
include, but are not limited to, Weibo's limited operating history
in certain new businesses; failure to grow active user base and the
level of user engagement; the uncertain regulatory landscape in
China; fluctuations in the
Company's quarterly operating results; the Company's reliance on
advertising and marketing sales for a majority of its revenues;
failure to successfully develop, introduce, drive adoption of or
monetize new features and products; failure to compete effectively
for advertising and marketing spending; failure to successfully
integrate acquired businesses; risks associated with the Company's
investments, including equity pick-up and impairment; failure to
compete successfully against new entrants and established industry
competitors; changes in the macro-economic environment, including
the depreciation of the Renminbi; and adverse changes in economic
and political policies of the PRC government and its impact on the
Chinese economy. Further information regarding these and other
risks is included in Weibo's annual report on Form 20-F for the
fiscal year ended December 31, 2016
filed with the SEC on April 27, 2017
and other filings with the SEC. All information provided in this
press release is current as of the date hereof, and Weibo assumes
no obligation to update such information, except as required under
applicable law.
Contact:
Investor Relations
Weibo Corporation
Phone: +8610-5898 3017
Email: ir@staff.weibo.com
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SOURCE Weibo Corporation