BEIJING, Feb. 5, 2018 /PRNewswire/ -- 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 fourth quarter of 2017 before the market
opens on Tuesday, February 13, 2018.
Following the announcement, Weibo's management team will host a
conference call from 6 AM - 7 AM
Eastern Time on February 13,
2018 (or 7 PM - 8 PM
Beijing Time on February 13, 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:
|
6698249
|
A replay of the conference call will be available from
9:00 AM Eastern Time on February 13, 2018 - 8:00 AM Eastern time on February 21, 2018. The dial-in number is +61
2-8199-0299. The passcode for the replay is 6698249.
About Weibo Corporation
Weibo is a leading social media for people to create, share
and discover Chinese-language content. It provides an unprecedented
and simple way for people and organizations to publicly express
themselves in real time, interact with others and stay connected
with the world. Any user can post a feed 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.
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 its customers, ranging from large companies
to small and medium-sized enterprises to individuals. The Company
generates a substantial majority of revenues from the sale of
advertising and marketing services, including the sale of social
display ads and promoted feeds. 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-F for the
fiscal year ended December 31, 2016
filed with the SEC on April 27, 2017
and other filings with the SEC. 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 under
applicable law.
Contact:
Investor Relations
Weibo Corporation
Phone: +86-10-5898-3017
Email: ir@staff.weibo.com
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SOURCE Weibo Corporation