BEIJING, Sept. 23, 2020 /PRNewswire/ -- SINA Corporation
(NASDAQ GS: SINA), a leading online media company serving
China and the global Chinese
communities, will announce its unaudited financial results for the
second quarter 2020 before the U.S. market opens on Monday, September 28, 2020.
About SINA
SINA is a leading online media company serving China and the global Chinese communities. Its
digital media network of SINA.com (portal), SINA mobile (mobile
portal and mobile apps) and Weibo (social media) enables internet
users to access professional media and user generated content in
multi-media formats from personal computers and mobile devices and
share their interests with friends and acquaintances.
SINA.com offers distinct and targeted professional content on
each of its region-specific websites and a full range of
complementary offerings. SINA mobile provides news information,
professional and entertainment content customized for mobile users
through mobile applications and mobile portal site SINA.cn.
Weibo is a leading social media platform for people to create,
distribute and discover content. Based on an open platform
architecture, Weibo provides 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.
Through these properties and other product lines, SINA offer an
array of online media and social media services to its users to
create a rich canvas for businesses and advertisers to effectively
connect and engage with their targeted audiences.
Safe Harbor Statement
This press release contains forward-looking statements that
relate to, among other things, SINA's strategic and operational
plans. SINA may also make forward-looking statements in the
Company's periodic reports to the U.S. Securities and Exchange
Commission, in its annual report to shareholders, in press releases
and other written materials and in oral statements made by its
officers, directors or employees to third parties. SINA
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 SINA'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 online advertising sales and MVAS for a
majority of its revenues; failure to successfully develop,
introduce, drive adoption of or monetize new features and products,
including portal, Weibo and MVAS products; failure to enter and
develop the small and medium enterprise market by the Company or
through cooperation with other parties, such a Alibaba; the
Company's reliance on mobile operators in China to provide MVAS and changes in mobile
operators' policies for MVAS in China; 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 SINA's annual report on Form 20-F for
the year ended December 31, 2019 and
other filings with the Securities and Exchange Commission.
Contact:
Investor Relations
SINA Corporation
Phone: 8610-5898 3336
Email: ir@staff.sina.com.cn
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SOURCE SINA Corporation
