Weibo Corp-ADR WB

Operating domestically, Weibo Corp is a Chinese social media platform that allows users to create and share content with family and friends online. The platform was launched by the Sina Corporation in 2009 and has gathered more than 50 million users. Its headquarters are located in Beijing, China. The microblogging website allows users to share photos and posts, comment and like posts, customise their profiles, interact with fellow users in a forum, as well as make friends. Weibo also offers a mobile app that is compatible with IOS, Android, and Windows operating systems. Subscribers can post advertisements and offer marketing solutions to businesses that may want to reach more audiences.

While offering subscribers the opportunity to enjoy the services it offers, Weibo generates revenue mainly through advertising. In addition, the company also allows popular brands and celebrities to provide their fans with paid subscriptions.

Weibo Corporation trades publicly on the NASDAQ under the ticker WB. Its primary listing is on the NASDAQ in the United States, while its secondary listing is on the Hong Kong stock exchange.

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