BEIJING, May 27, 2022 /PRNewswire/ — Weibo Corporation (NASDAQ: WB and HKEX: 9898), a leading social media outlet for users to create, share and discover content, today announced that it has changed the date for announcing its unaudited financial results for the first quarter of 2022 of May 30, 2022 at June 1, 2022due to a public holiday United States on May 30, 2022.
The Weibo management team will hold a conference call from 7:00 a.m. – 8:00 a.m. Eastern Time on June 1, 2022 (Where 7 p.m. – 8 p.m. Beijing time on June 1, 2022) to provide an overview of the financial performance and business activities of the Company.
Please register before the conference call using the link below. Upon registration, you will be emailed call-in numbers, an access code and a unique registration ID. To join the conference, please use the conference access information provided in the email received at registration.
PRE-REGISTRATION LINK: http://apac.directeventreg.com/registration/event/3399110
A telephone replay will be available from 10:00 p.m. China Standard Time on June 1, 2022 at 9:59 p.m. China Standard Time on June 9, 2022. To access the recording, please use the following login details listed below:
USA: 1 855 452 5696
Hong Kong: 800 963 117
Mainland China: 400 820 9035
International: +61 2 8199 0299
Replay PIN: 3399110
Additionally, a live webcast of the call will be available on the Company’s website at http://ir.weibo.com.
About Weibo Corporation
Weibo is a leading social media for users to create, share and discover content online. Weibo combines the means of real-time public expression with a powerful platform for social interaction, content aggregation and content distribution. Any user can create and publish a stream and attach multimedia and long content. Relationships with users on Weibo can be asymmetrical; any user can follow any other user and add comments to a feed when reposting. This simple, asymmetrical, and distributed nature of Weibo allows an original stream to become a live viral conversation stream.
Weibo enables its advertising and marketing clients to promote their brands, products and services to users. Weibo offers a wide range of advertising and marketing solutions for businesses of all sizes. The Company derives the majority of its revenue from the sale of advertising and marketing services, including the sale of social media advertisements and promoted marketing offers. Designed with a “mobile first” philosophy, Weibo displays content in a simple newsfeed format and offers native ads consistent with the newsfeed on our platform. To support the mobile format, we have continuously developed and refined our social interest graph recommendation engine, which allows our clients to perform people marketing and target audiences based on user demographics. , social relationships, interests and behaviors, to achieve greater relevance, engagement and marketing. efficiency
Safe Harbor Statement
This press release contains forward-looking statements regarding, among other things, Weibo’s expected financial performance and strategic and operating plans (as described, without limitation, in the “Business Outlook” section and in quotes from management of this press release. Weibo may also make forward-looking statements in the Company’s periodic reports to the United States Securities and Exchange Commission (“SEC”), announcements, circulars or other publications posted on the website of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements which do not are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Expectations can be identified by terms such as “will”, “expect”, “anticipate”, “future”, “intend”, “plan”, “believe”, “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 statements. Potential risks and uncertainties include, but are not limited to, Weibo’s limited operating history in certain new businesses; failure to grow the active user base and 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 the majority of its revenue; failure to successfully develop, introduce, drive adoption or monetize new features and products; inability to compete effectively for advertising and marketing expenditures; inability to successfully integrate acquired businesses; risks associated with the Company’s investments, including repossession and depreciation of shares; the inability to compete successfully with new entrants and established industry competitors; changes in the macroeconomic environment, including depreciation of the renminbi; and adverse changes in the PRC government’s economic and political policies and their impact on the Chinese economy. Further information regarding these and other risks is included in Weibo’s Annual Report on Form 20-F and other filings with the SEC and the Hong Kong Stock Exchange. 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 by applicable law.
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