BEIJING, April 8,
2024 /PRNewswire/ -- Weibo Corporation (the "Weibo"
or "Company") (Nasdaq: WB and HKEX: 9898), China's
leading social media platform, today published a notice to announce
that it will hold an annual general meeting (the "AGM") of
shareholders (the "Notice of AGM") at 5809-5810, Two International
Finance Centre, 8th Finance Street, Central, Hong Kong on Wednesday,
May 22, 2024 at 2:00
p.m.(Hong Kong time), for
the purposes of considering and, if thought fit, passing the
Proposed Resolutions set forth in the Notice of AGM. The Notice of
AGM and proxy card for the AGM are available on the Company's
website at ir.weibo.com. The board of directors of Weibo fully
supports the proposed resolutions listed in the Notice of AGM and
recommends that shareholders and holders of ADSs vote in favor of
the resolutions set out in the Notice of AGM.
Holders of record of ordinary shares of the Company at the close
of business on April 23, 2024,
Hong Kong time, are entitled to
attend and vote at the AGM and any adjourned meeting thereof.
Holders of record of American Depositary Shares (the "ADSs") as of
the close of business on April 23,
2024, New York time, who
wish to exercise their voting rights for the underlying Class A
Ordinary Shares must give voting instructions to JPMorgan Chase
Bank, N.A., the depositary of the ADSs.
Weibo's Form 20-F can be accessed on the Company's website at
ir.weibo.com, as well as on the
SEC's website at http://www.sec.gov.
About Weibo
Weibo is a leading social media for people to create, share
and discover content online. Weibo combines the means of public
self-expression in real time with a powerful platform for social
interaction, content aggregation and content distribution. Any user
can create and post a feed and attach multi-media and long-form
content. User relationships on Weibo may be asymmetric;
any user can follow any other user and add comments to a feed while
reposting. This simple, asymmetric and distributed nature
of Weibo allows an original feed to become a live viral
conversation stream.
Weibo enables its advertising and marketing customers to
promote their brands, products and services to
users. Weibo offers a wide range of advertising and
marketing solutions to companies of all sizes. The Company
generates a substantial majority of its revenues from the sale of
advertising and marketing services, including the sale of social
display advertisement and promoted marketing
offerings. Designed with a "mobile first" philosophy, Weibo
displays content in a simple information feed format and offers
native advertisement that conform to the information feed on our
platform. To support the mobile format, we have developed and
continuously refining our social interest graph recommendation
engine, which enables our customers to perform people marketing and
target audiences based on user demographics, social relationships,
interests and behaviors, to achieve greater relevance, engagement
and marketing effectiveness.
Safe Harbor Statement
This press release contains forward-looking statements. Weibo
may also make forward-looking statements in the Company's periodic
reports to the U.S. Securities and Exchange Commission (the "SEC"),
in announcements, circulars or other publications made on the
website of The Stock Exchange of Hong Kong Limited (the "Hong
Kong Stock Exchange"), in press releases and other written
materials and in oral statements made by its officers, directors or
employees to third parties. Statements that are not historical
facts, including statements about the Company's beliefs and
expectations, are forward-looking statements. These forward-looking
statements can be identified by terminology, such as "will,"
"expects," "anticipates," "future," "intends," "plans," "believes,"
"confidence," "estimates" and similar statements. Forward-looking
statements involve inherent risks and uncertainties. A number of
important factors could cause actual results to differ materially
from those contained in any forward-looking statement. Further
information regarding these and other risks is included in Weibo's
annual report on Form 20-Fs and other filings with
the SEC and the Hong Kong Stock Exchange. All
information provided in this press release is current as of the
date hereof, and Weibo assumes no obligation to update such
information, except as required under applicable law.
Contacts
Investors Relations
Weibo Corporation
Tel: +86-10-5898-3336
Email: ir@staff.weibo.com
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SOURCE Weibo Corporation