Weibo Corporation logo

Weibo Corporation (WB) Financials

NASDAQ NASDAQ:WB

Market Cap

2.82B

Total Revenue

1.84B

Gross Profit

1.44B

Operating Income

816.01M

Net Income

85.56M

Metric2013201420152016201720182019202020212022
188,313,000334,172,000477,891,000655,800,0001,150,054,0001,718,518,0001,766,914,0001,689,931,0002,257,083,0001,836,332,000
59,891,00083,599,000141,960,000171,231,000231,255,000277,648,000328,826,000302,180,000403,841,000400,585,000
128,422,000250,573,000335,931,000484,569,000918,799,0001,440,870,0001,438,088,0001,387,751,0001,853,242,0001,435,747,000
100,740,000125,832,000143,444,000154,088,000193,393,000249,873,000284,444,000324,110,000430,673,000415,190,000
63,069,000120,314,000126,059,000148,283,000275,537,000527,424,000465,339,000455,619,000591,682,000477,107,000
22,517,00025,719,00028,925,00041,218,00042,315,00043,755,00090,721,000101,224,000133,475,00052,806,000
85,586,000146,033,000154,984,000189,501,000317,852,000571,179,000556,060,000556,843,000725,157,000529,913,000
186,326,000271,865,000298,428,000343,589,000511,245,000821,052,000840,504,000880,953,0001,155,830,000945,103,000
-57,904,000-21,292,00037,503,000140,980,000407,554,000609,264,000597,584,000506,798,000697,412,000816,007,000
22,944,000-46,972,000-7,061,000-39,627,000-4,733,0005,159,0004,813,000-130,885,000-146,694,000-687,921,000
-57,439,00025,680,00044,564,000180,607,000412,287,000614,659,000639,469,000681,515,000873,756,000490,644,000
21,529,00023,060,00020,950,00013,982,00015,328,00019,847,00041,885,000174,717,000176,344,000-325,363,000
-2,884,0006,758,0006,338,0008,627,00014,290,00043,865,00046,698,00043,832,00029,650,000105,434,000
-2,884,0006,758,0006,344,0008,757,00013,260,00043,808,00029,896,00057,428,00071,006,00039,273,000
-37,844,000-61,506,00036,780,000109,980,000417,111,000668,842,000602,397,000375,913,000550,718,000128,086,000
271,0001,128,0002,591,0004,316,00066,746,00096,222,000109,564,00061,316,000138,841,00030,277,000
-38,115,000-63,378,00034,745,000108,027,000352,590,000571,823,000494,675,000313,364,000428,319,00085,555,000
-0.17-0.340.170.51.62.562.191.381.870.36
-0.17-0.340.160.481.562.462.181.381.860.36
228,185,000186,878,000208,163,000214,745,000220,555,000223,751,000225,452,000226,921,000228,814,000235,164,000
229,765,000186,878,000217,918,000222,859,000225,363,000232,683,000226,412,000227,637,000230,206,000236,407,000
246,217,000355,464,000440,388,000514,820,000742,500,0001,098,700,0001,169,330,0001,183,133,0001,559,671,0001,345,688,000
3,116,000----------4,406,0004,997,0009,159,000-49,040,000

Key Facts

Industry

Internet Content & Information

Sector

Communication Services

Headquarters

Beijing, , CN

Website

weibo.com

CEO

Mr. Gaofei Wang

Employees

5935

About the Company

Weibo Corporation, through its subsidiaries, operates as a social media platform for people to create, distribute, and discover content in the People's Republic of China. It operates in two segments, Advertising and Marketing Services; and Value-Added Services. The company offers discovery products to help users discover content on its platform; self-expression products that enable its users to express themselves on its platform; and social products to promote social interaction between users on its platform. It also provides advertising and marketing solutions, such as social display advertisements; and promoted marketing offerings, such as Fans Headline and Weibo Express, as well as promoted trends and search products that appear alongside user's trends discovery and search behaviors. In addition, the company offers products, such as trends, search, video/live streaming, and editing tools; content customization, copyright contents pooling, and user interaction development; and search list recommendation, trends list recommendation, and Weibo app opening advertisements. Further, it provides back-end management, traffic support, and product solutions to MCNs, unions, and e-commerce partners; open application platform for other app developers that allows users to log into third-party applications with their Weibo account for sharing third-party content on its platform; and Weibo Wallet, a product that enables platform partners to conduct interest generation activities on Weibo, such as handing out red envelops and coupons. The company was formerly known as T.CN Corporation and changed its name to Weibo Corporation in 2012. The company was founded in 2009 and is headquartered in Beijing, China. Weibo Corporation is a subsidiary of Sina Corporation.