Weibo Corporation, a publicly owned company founded in 2009 and headquartered in China, operates a social media platform. Employing approximately 980 people, the company's primary business is in the technology, information, and internet sectors. Previously known as Sina Weibo, the company's core offering is a social media service.
On September 15, XPENG announced via Sina Weibo the upcoming debut of the range-extended electric vehicle version of its XPENG X9 model. Later in September, on the 20th, Weibo administrators issued a statement regarding actions taken by the Cyberspace Administration department. Separately, Weibo and Kuaishou faced punishment from the cyberspace administration for disrupting the online environment. Weibo also reported strong second-quarter earnings, exceeding analyst expectations with earnings per share of $0.54 compared to the anticipated $0.43. A OnePlus 15 design leak also appeared on Weibo, showcasing a redesigned camera module.
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Weibo Corporation offers products in the media and telecoms services industry. Weibo Corporation's product portfolio comprises of media and TV services.
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