BEIJING, Nov. 16, 2018 /PRNewswire/ -- Weibo Corporation
(NASDAQ: WB), a leading social media for people to create, share
and discover content, will announce its unaudited financial results
for the third quarter of 2018 before the market opens on
Wednesday, November 28, 2018.
Following the announcement, Weibo's management team will host a
conference call from 6 AM - 7 AM
Eastern Time on November 28,
2018 (or 7 PM - 8 PM
Beijing Time on November 28, 2018) 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:
|
5368429
|
A replay of the conference call will be available from
22:00 PM China Standard Time on
November 28, 2018 - 20:59 PM Eastern Time on December 6, 2018. The dial-in number is +61
2-8199-0299. The passcode for the replay is 5368429.
About Weibo Corporation
Weibo is a leading social media for people to create, share and
discover content online. It combines the means of public
self-expression in real time with a powerful platform for social
interaction, content aggregation and content distribution. Any user
can create and post a feed and attach multi-media and 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 companies of all
sizes. The Company generates a substantial majority of its revenues
from the sale of advertising and marketing services, including the
sale of social display advertisement and promoted marketing
offerings. 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-Fs
and other filings with the SEC. All information provided in
this press release is current as of the date hereof,
and Weiboassumes 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