BEIJING, Aug. 1, 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 second quarter of 2017 before the market opens on Wednesday, August 9, 2017. Following the
announcement, Weibo's management team will host a conference call
from 7 AM - 8 AM Eastern Time on
August 9, 2017 (or 7 PM - 8 PM Beijing Time on August 9, 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:
|
64857454
|
A replay of the conference call will be available from10:00 AM Eastern
Time on August 9, 2017-10:00 AM
Eastern time on August 17,
2017. The dial-in number is +61 2-8199-0299. The
passcode for the replay is 64857454.
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.
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: +86-10-5898-3017
Email: ir@staff.weibo.com
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SOURCE Weibo Corporation