It 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.
In addition to shares purchased pursuant to our publicly announced repurchase program, we repurchased 35 million shares in a single transaction in February 2018 for approximately .3 billion.
Weibo is a leading social media for people to create, share and discover content online.
We are not obligated to acquire any particular amount of common stock and may commence, suspend or discontinue purchases at any time or from time to time without prior notice.
Shares of stock repurchased are held as treasury shares.
Send flirts, send messages, use our live chat, post and browse pictures.* As of December 31, 2017, our Board of Directors has authorized repurchases totaling up to billion of our outstanding common stock, including the authorization in October 2017 to repurchase billion of additional shares.The authorizations from the Board of Directors do not have expiration dates.User relationships on Weibo may be asymmetr BEIJING, May 9, 2018 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (NASDAQ: WB), a leading social media in China, today announced its unaudited financial results for the first quarter ended March 31, 2018."We continue to see great momentum in our business with advertising and marketing revenue growing 79% year over year in the first quarter.
Fourth Quarter 2017 Highlights Net revenues totaled $377.4 million, an increase of 77% year-over-year, exceeding the Company's guidance between $355 million and $365 million.