Weibo Corporation to Report Third Quarter 2015 Financial Results on November 18, 2015
November 12 2015 - 8:30AM
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 third quarter of 2015 after
the close of market on November 18, 2015. Following the
announcement, Weibo's management team will host a conference call
from 8 PM – 9 PM Eastern Time on November 18, 2015 (or 9 AM – 10 AM
Beijing Time on November 19, 2015) 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: +1 888-346-8982 Hong Kong Toll Free:
800-905-945 China Toll Free: 400-120-1203 International: +1
412-902-4272 Passcode for all regions: Weibo
A replay of the conference call will be available through
midnight, Eastern Time on November 25, 2015. The dial-in number is
+1 412-317-0088. The passcode for the replay is 10076332.
About Weibo Corporation
Weibo is a leading social media for people to create, share and
discover Chinese-language content. Weibo combines the mean 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 of up to 140
Chinese characters 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.
We enable our advertising and marketing customers
to promote their brands, products and services to our users. We
offer a wide variety of advertising and marketing solutions to our
customers, ranging from large brand advertisers to
Alibaba/e-commerce merchants to small and medium sized enterprises
to individuals. We generate a substantial majority of our revenues
from the sale of advertising and marketing services, including the
sale of social display ads, promoted feeds and event-based ad
solutions. We have developed and are continuously refining our
social interest graph (SIG) 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 on Weibo.
Safe Harbor Statement
This announcement contains forward-looking
statements that relate to, among other things, Weibo's strategic
and operational plans. Weibo may also make forward-looking
statements in the Company's periodic reports to the U.S. Securities
and Exchange Commission, in press releases and other written
materials and in oral statements made by its officers, directors or
employees to third parties. Weibo assumes no obligation to update
the forward-looking statements in this press release and elsewhere.
Statements that are not historical facts, including statements
about the Company's beliefs and expectations, are forward-looking
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; the global financial and credit market
crisis and its impact on the Chinese economy; the uncertain
regulatory landscape in China; fluctuations in the Company's
quarterly operating results; the Company's reliance on advertising
sales for a majority of its revenues; failure to successfully
develop, introduce, drive adoption of or monetize new features and
products; failure to enter and develop the small and medium
enterprise market by the Company or through cooperation with other
parties, including Alibaba; failure to successfully integrate
acquired businesses; risks associated with the Company's
investments, including equity pick-up and impairment; and failure
to compete successfully against new entrants and established
industry competitors. Further information regarding these and other
risks is included in Weibo's Registration Statement filed on April
28, 2015, and other filings with the Securities and Exchange
Commission.
CONTACT: Investor Relations
Weibo Corporation
Phone: +8610-5898 3112
Email: ir@staff.weibo.com
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