Weibo's asset
Weibo

@weibo.com

Weibo is a social media platform for microblogging.

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About

Description

Weibo Corporation, commonly known as Weibo, is a Chinese social media platform similar to microblogging site Twitter. Launched in August 2009, Weibo quickly gained popularity and became one of the most widely used social media platforms in China. It is headquartered in Beijing, China.


Weibo's main product is its social media platform, which allows users to post and share short messages, photos, videos, and other multimedia content. Users can follow other users, celebrities, brands, and organizations, and engage with their posts by commenting, liking, and reposting. Additionally, Weibo offers features such as live streaming, online communities, and e-commerce integration, making it a comprehensive social media platform.


On a global scale, Weibo primarily operates within China, catering to the Chinese market. However, it has also expanded its reach to overseas Chinese communities and users in other countries who are interested in Chinese culture. Weibo has not made any noteworthy partnerships or joint ventures outside of China.


In terms of market position, Weibo is one of the leading social media platforms in China with a large user base. It faces competition from other social media platforms like WeChat, Douyin, and Tencent Weibo, but Weibo has managed to maintain a significant share of the market. However, in terms of global sales, Weibo's presence outside of China is not as dominant as some other social media platforms.


Weibo has achieved various milestones and growth over the years. It went public on the NASDAQ in 2014, raising over $286 million in its initial public offering. In 2017, Weibo reached 340 million monthly active users, solidifying its position as a major social media platform in China.


The company consistently updates its platform and introduces new features to enhance user experience and stay competitive. As of the latest updates, Weibo continues to hold its market position in China and remains popular among Chinese internet users. The platform has also made efforts to combat misinformation and improve content moderation.


Weibo has not announced any major changes in its strategy or product lineup recently. In conclusion, Weibo is a Chinese social media platform with a strong presence in China and a significant user base. It offers various features and services to its users, maintaining its position as one of the leading social media platforms in the country.


While its global sales may not be as robust, Weibo continues to evolve and adapt to maintain its relevance and user engagement

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Company Type

Public Company

Company Size

1001-5000

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