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Weibo Corp (WB.OQ)

WB.OQ on NASDAQ Stock Exchange Global Select Market

104.00USD
11 Dec 2017
Change (% chg)

$3.76 (+3.75%)
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$100.24
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Volume
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Latest Key Developments (Source: Significant Developments)

Tiger Global Management takes share stake in Redfin, Weibo, Autodesk
Tuesday, 14 Nov 2017 02:54pm EST 

Nov 14 (Reuters) - Tiger Global Management::Takes share stake of 7.7 million shares in Redfin Corp - SEC filing.Takes share stake of 910,000 sponsored ADRS in Weibo Corp.Takes share stake of 1.2 million shares in Autodesk.Change in holdings are as of Sept. 30, 2017 and compared with the previous quarter ended as of June 30, 2017.  Full Article

Weibo reports third quarter non-gaap earnings per share $0.51
Tuesday, 7 Nov 2017 04:50am EST 

Nov 7 (Reuters) - Weibo Corp :Reports third quarter 2017 financial results.Q3 non-gaap earnings per share $0.51.Q3 earnings per share $0.45.Q3 revenue $320 million versus i/b/e/s view $296.1 million.Q3 earnings per share view $0.45 -- Thomson Reuters I/B/E/S.Sees q4 2017 revenue $355 million to $365 million.Qtrly ‍advertising and marketing revenues were $276.8 million, an increase of 77% year-over-year​.‍average daily active users had a net addition of approximately 33 million users year over year and reached 165 million in september 2017​.Q4 revenue view $340.5 million -- Thomson Reuters I/B/E/S.  Full Article

Weibo Corp prices offering of $800 mln convertible senior notes
Thursday, 26 Oct 2017 02:30am EDT 

Oct 26 (Reuters) - Weibo Corp :Weibo corporation prices offering of $800 million convertible senior notes.Says ‍pricing of $800 million in aggregate principal amount of convertible senior notes due 2022​.  Full Article

Weibo Corp announces proposed offering of US$700 million convertible senior notes
Tuesday, 24 Oct 2017 04:25pm EDT 

Oct 25 (Reuters) - Weibo Corp :Weibo Corp announces proposed offering of US$700 million convertible senior notes.Weibo Corp - ‍proposes to offer up to US$700 million in aggregate principal amount of convertible senior notes due 2022​.  Full Article

Weibo reports Q3 revenue $320 mln
Tuesday, 24 Oct 2017 04:21pm EDT 

Oct 24 (Reuters) - Weibo Corp ::Weibo announces selected results for the quarter ended September 30, 2017.Qtrly non-GAAP net income attributable to Weibo was $115.2 million versus $54.6 million ‍​‍​.Q3 revenue $320 million versus I/B/E/S view $296.1 million.Qtrly ‍advertising and marketing revenues from Alibaba were $25.3 million​.Qtrly ‍net income attributable to weibo was $101.1 million​.  Full Article

China pushes for state stake in big Chinese tech firms- WSJ‍​‍​
Wednesday, 11 Oct 2017 06:02pm EDT 

Oct 11 (Reuters) - :Chinese government pushing some of China's big tech firms to give the state a stake in them and direct role in corporate decisions- WSJ‍​‍​.Chinese internet regulators discussed taking 1 percent stakes with Tencent Holdings, Weibo Corp and Alibaba's Youku Tudou - WSJ‍​‍​, citing sources.  Full Article

Weibo announces management change
Friday, 15 Sep 2017 05:00pm EDT 

Sept 15 (Reuters) - Weibo Corp :Weibo announces management change.Says CFO Herman Yu resigned.Weibo Corp says ‍Yu's duties will be assumed on an interim basis by Fei Cao, vice president, finance of company, until a successor is appointed​.  Full Article

Weibo Q2 earnings per share $0.33
Wednesday, 9 Aug 2017 05:30am EDT 

Aug 9 (Reuters) - Weibo Corp ::Weibo reports second quarter 2017 financial results.Q2 non-gaap earnings per share $0.38.Q2 earnings per share $0.33.Q2 revenue $253.4 million versus I/B/E/S view $246.7 million.Q2 earnings per share view $0.36 -- Thomson Reuters I/B/E/S.Sees Q3 2017 revenue $290 million to $300 million.Monthly active users in June 2017 was 361 million, an increase of 28 pct year-over-year​.Average daily active users in June 2017 was 159 million, an increase of 26 pct year-over-year​.Q3 revenue view $276.1 million -- Thomson Reuters I/B/E/S.‍92 percent of monthly active users in June 2017 were mobile users​.  Full Article

Weibo announces receipt of a SAPPRFT notice
Thursday, 22 Jun 2017 09:40am EDT 

June 22 (Reuters) - Weibo Corp :Weibo announces receipt of a sapprft notice.Weibo -became aware of a public notice issued by state administration of press, publication, radio, film and television of people's republic of china.Weibo corp - company will also evaluate impact of notice on its operations and its administrative options.Weibo - notice states that sapprft recently requested local competent authorities to take measures to suspend several companies' video and audio services.Weibo -notice says companies' lack internet audio/video program transmission license, are posting certain content in violation of government regulations.Weibo corp says company is communicating with relevant government authorities to understand scope of notice.  Full Article

Sina announces details of distribution of Weibo shares
Thursday, 8 Jun 2017 08:30am EDT 

June 8 (Reuters) - Sina Corp :Sina announces details of distribution of weibo shares.Sina Corp -based on 71.4 million ordinary shares of sina outstanding as of june 7, sina will distribute 7.1 million class a shares of weibo to sina shareholders.Sina - following distribution of weibo shares, co's equity stake in weibo will decrease from approximately 49% to approximately 46%.  Full Article

BRIEF-Tiger Global Management takes share stake in Redfin, Weibo, Autodesk

* Takes share stake of 7.7 million shares in Redfin Corp - SEC filing