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The veteran Chinese social media platform been losing market share to video-based competitors such as Douyin, Kuaishou and Xiaohongshu.

Weibo pins hope on Olympics to boost its advertising revenue

The veteran Chinese social media platform been losing market share to video-based competitors such as Douyin, Kuaishou and Xiaohongshu Key Takeaways: Weibo’s first-quarter revenue fell 4%, hit by declining income…
WB.US 9898.HK

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