BRIEF: Weibo ad revenue grows, as adjusted profit falls 23%
Social media platform Weibo Corp. (9898.HK; WB.US) reported on Thursday that its revenue rose 6% year-on-year to $421 million in the first quarter, as advertising and marketing revenue increased 9%…
Yalla eyes return to solid growth as new gaming drive revs up
The company expects to start generating meaningful revenue in the second half of this year from two new mid- to hardcore games, including an SLG title launched in April Key…
BRIEF: Weibo profit doubles as AI search gains traction
Social media platform Weibo Corp. (WB.US; 9898.HK) on Wednesday reported first-quarter revenue of $396.9 million, flat year-on-year, while its net profit surged 116% to $107 million. On a non-GAAP basis,…
Stagnating Weibo at existential moment
One of China’s earliest social media companies said most of its major metrics were flat in its latest quarterly report, as it remains reliant on advertising for 85% of its…
Yalla revenue growth returns to double-digits ahead of new gaming push
The Middle Eastern social media company reported its strongest revenue growth in two years as it prepares to launch two new self-developed games later this year Key Takeaways: Yalla’s revenue…
BRIEF: Olympics provides lift to Weibo’s profit
Social media platform Weibo Corp. (WB.US; 9898.HK) announced on Tuesday its revenue rose 5% to $464.5 million year-on-year in third-quarter. It credited the growth to strong ad revenues from certain key…
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…
Recent Articles
BRIEF: Weibo profit doubles as AI search gains traction
9898.HK
WB.US
Stagnating Weibo at existential moment
9898.HK
WB.US
BRIEF: Olympics provides lift to Weibo’s profit
9898.HK
WB.US
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