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Weibo Corp (WB.OQ)

WB.OQ on NASDAQ Stock Exchange Global Select Market

101.69USD
12 Dec 2017
Change (% chg)

$-2.31 (-2.22%)
Prev Close
$104.00
Open
$103.50
Day's High
$104.16
Day's Low
$100.95
Volume
464,340
Avg. Vol
771,928
52-wk High
$123.00
52-wk Low
$40.13

Latest Key Developments (Source: Significant Developments)

Tiger Global Management takes share stake in Redfin, Weibo, Autodesk
Wednesday, 15 Nov 2017 

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 

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 

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
Wednesday, 25 Oct 2017 

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
Wednesday, 25 Oct 2017 

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​‍​
Thursday, 12 Oct 2017 

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

Baidu appoints Herman Yu as Chief Financial Officer
Monday, 18 Sep 2017 

Sept 17 (Reuters) - Baidu Inc - :Baidu appoints Herman Yu as Chief Financial Officer.Baidu Inc - Herman Yu joins Baidu from Weibo Corp, where he has served as chief financial officer since 2015.Jennifer Li will step down as chief financial officer of Baidu and serve company as a senior advisor to senior management.  Full Article

Leju announces expanded partnerships with Tencent, Weibo and Focus Media
Tuesday, 13 Dec 2016 

Tencent Holdings Ltd <0700.HK> - : Leju announces expanded partnerships with Tencent, Weibo And Focus Media .Under partnership arrangements, leju will launch a series of new cross-platform marketing products for real estate and home furnishing industries.  Full Article

Weibo reports Q2 EPS $0.12
Tuesday, 9 Aug 2016 

Weibo Corp : Weibo reports second quarter 2016 financial results . Q2 non-GAAP earnings per share $0.16 . Q2 revenue $146.9 million versus I/B/E/S view $142.3 million . Sees Q3 2016 revenue $168 million to $173 million . Q2 earnings per share $0.12 . Q2 earnings per share view $0.11 -- Thomson Reuters I/B/E/S . sees Q3 net revenues to be between $168 million and $173 million . Monthly active users ("MAUs") in June 2016 grew 33 pct year over year to 282 million . Q3 revenue view $164.5 million -- Thomson Reuters I/B/E/S .Qtrly revenue from Alibaba was $12.8 million, compared to $28.4 million for same period last year.  Full Article

Weibo Q1 earnings per share $0.03
Thursday, 12 May 2016 

Weibo Corp Says Q1 Value : Added services ("vas") revenue increased 17% year over year to $20.0 million . Weibo corp says monthly active users in march 2016 grew 32% year over year to 261 million, 85% of which were mobile users . Qtrly advertising and marketing revenue increased 25% year over year to $99.2 million . Weibo corp says average daily active users in march 2016 grew 35% year over year to 120 million . Q2 revenue view $135.6 million -- Thomson Reuters I/B/E/S . Weibo reports first quarter 2016 financial results . Q1 non-gaap earnings per share $0.07 . Q1 earnings per share $0.03 . Q1 revenue $119.3 million versus i/b/e/s view $113.7 million . Q1 earnings per share view $0.04 -- Thomson Reuters I/B/E/S .Sees q2 2016 revenue $138 million to $143 million.  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