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Weibo Corp
HKEX:9898

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Weibo Corp
HKEX:9898
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Price: 81.25 HKD 0.43% Market Closed
Market Cap: 19.8B HKD

Weibo Corp
Investor Relations

In the bustling landscape of Chinese social media, Weibo Corporation stands out as a pivotal player, weaving its narrative through the threads of connectivity and digital expression. Often likened to the Western social media giant Twitter due to its microblogging format, Weibo offers its users a dynamic platform where content flows at the speed of thought. It is a vibrant ecosystem where individuals, celebrities, and a myriad of organizations engage in real-time conversations, share multimedia content, and participate in trending discussions that capture the zeitgeist of Chinese culture and society. Unlike its Western counterparts, Weibo seamlessly integrates multimedia elements and facilitates an intricate interaction model that includes trending hashtags, live video streaming, and integrated e-commerce functionalities—an essential adaptation to the unique digital preferences of its primary audience.

The financial backbone of Weibo’s model is predominantly driven by advertising revenue, capitalizing on the immense traffic generated by its vast user base. By leveraging sophisticated algorithms, Weibo delivers targeted advertising solutions. This personalized approach not only enhances user engagement but also maximizes value for advertisers, making it an attractive platform for brands aiming to capture the attention of Chinese consumers. Moreover, Weibo has ventured into other revenue streams such as value-added services, where users pay for premium features or enhanced visibility on the platform. As the digital marketplace evolves, Weibo continues to adapt and innovate, aiming to deepen its penetration in both urban and rural areas while expanding its offerings to keep pace with the ever-changing tastes of China's digital populace.

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9898
Hang Seng (Hong Kong)
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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 18, 2025
AI Summary
Q3 2025

User Growth: Monthly active users (MAUs) reached 578 million and daily active users (DAUs) reached 257 million in September 2025, despite a modest year-over-year decline due to last year's Olympics.

Revenue Decline: Q3 total revenue was $442.3 million, down 5% year-over-year, with advertising revenue down 6% due to the high base from the previous Olympics and some sector weakness.

E-commerce Strength: E-commerce sector ad revenues saw strong growth, with Weibo reporting over 50% year-over-year growth from this vertical.

AI & Product Revamp: Major algorithm and information feed upgrades, including AI-powered recommendations, drove double-digit improvements in user engagement and video content consumption.

Ad Trends & Outlook: Management expects Q4 to benefit from e-commerce and automotive sectors, but notes ongoing headwinds from subsidy policy changes and lingering macro uncertainty. Stimulus from major events like the 2026 Winter Olympics may boost 2026 performance.

AI Impact: AI has been widely deployed across the advertising life cycle, improving conversion and ROI, with 30% of ad creative consumption now AI-generated.

Profitability: Operating margin was 30% and net income attributable to Weibo was $110.7 million, with a net margin of 25%.

Key Financials
Monthly Active Users
578 million
Daily Active Users
257 million
Net Revenue
$442.3 million
Advertising and Marketing Revenue
$375.4 million
Value-Added Service Revenue
$66.9 million
Operating Income
$132 million
Operating Margin
30%
Net Income Attributable to Weibo
$110.7 million
Net Margin
25%
Diluted EPS
$0.42
Cash, Cash Equivalents, and Short-Term Investments
$2.04 billion
Cash Provided by Operating Activities
$200 million
Capital Expenditures
$5.1 million
Depreciation and Amortization
$15.4 million
Intelligent Search MAU
Over 70 million
Intelligent Search DAU and Queries
Up over 50% quarter-over-quarter
Ad Revenue from Alibaba
$45.5 million
Other Earnings Calls

Management

Mr. Gaofei Wang
CEO & Director
No Bio Available
Ms. Fei Cao
Chief Financial Officer
No Bio Available
Mr. Wang Wei
Chief Operating Officer
No Bio Available
Ms. Wen Li
Investor Relations Manager
No Bio Available
Mr. Jingdong Ge
Senior Vice President of Advertising Business
No Bio Available
Mr. Zenghui Cao
Senior Vice President of Operation
No Bio Available

Contacts

Address
BEIJING
Beijing
7/F, Shuohuang Development Plaza, No.6 Caihefang Road, Haidian District
Contacts
+861060618000.0
www.weibo.com