Weibo Stock News

Weibo Corp (NASDAQ: WB) reported first-quarter FY22 revenue growth of 6% year-on-year to $484.6 million, beating the consensus of $473.98 million. Revenue grew 3% Y/Y on a CC basis.

BEIJING , May 17, 2022 /PRNewswire/ -- Weibo Corporation (NASDAQ: WB and HKEX: 9898), a leading social media for people to create, share and discover content, will announce its unaudited financial res

China enacted shutdowns in at least 27 cities as part of its zero-Covid policy. But these three Chinese stocks will withstand the downturn.

Didi's Jean Liu and her father, Lenovo head Liu Chuanzhi, are the latest tech leaders to pull back from social media in the wake of China's tech crackdown.

Key takeaways: Weibo's revenue rose above pre-pandemic levels last year, but its profitability lagged due to heavy spending The company trails Meta in its ability to monetize users, and is very much i

Shares of Weibo Corp. WB, -2.64% rose 1.1% in premarket trading Thursday, after the China-based social media company announced a $500 million American depositary share (ADS) repurchase program. The pr

Weibo Corp (WB), on Wednesday, joined previously identified Chinese stocks that may be delisted from U.S. exchanges. More could follow and Alibaba (BABA) could be in SEC crosshairs too.

Today, news that Weibo has been added to the SEC's list of at-risk companies for delisting has investors selling Chinese stocks in a big way. The post Which Chinese Stocks Could Get Delisted?

Weibo Corp said on Thursday it will consider evaluating options in response to the U.S. Securities Exchange Commission's (SEC) addition of the Chinese social media platform to its list of U.S.-listed

US regulators have hastened their pace to enforce a law that could delist Chinese companies of which accounting papers can't be inspected. The addition of Weibo, the Twitter equivalent of China, to a

Alibaba Group Holding Ltd (NYSE: BABA ) and Tencent Holdings Ltd (OTC: TCEHY ) employees saw a job cut of 30%, the Print reports as per speculation on Weibo Corp (NASDAQ: WB ). Internal speculation among employees was that Alibaba looked to lay off 30% of its employees while Tencent between 10% - 30% of its employees. Tencent started layoffs within small business departments in September 2021. Alibaba''s community … Full story available on Benzinga.com

JPMorgan Chase’s dramatic downgrade this week of Chinese internet stocks under its coverage – from Alibaba Group Holding to Bilibili and Weibo – has shaken global investors even as they have yet to recover from the trillion-dollar onslaught in 2021.The slump during Asia’s trading hours on Tuesday wiped out US$300 billion from the Hong Kong market alone, while an 8 per cent dive in Shanghai over two days was the worst since August 2015. If the Wall Street bank is right, and prices retraced to…

It is rumoured in the Chinese social media platform Weibo that tech giants Alibaba and Tencent employees are expecting around 30 per cent job cuts

Stringent Covid-19 lockdowns in neighbouring Shenzhen and several major cities in mainland China have sparked a fresh round of finger-pointing at Hong Kong from over the border for contributing to the worst nationwide coronavirus outbreak in two years.Numerous posts widely circulating on Chinese social media platforms Weibo and WeChat contrasted the way authorities in the two cities were handling the outbreaks, with sarcastic comments pointing to Hong Kong leader Carrie Lam Cheng Yuet-ngor’s…