Weibo Corporation (NASDAQ:WB) Q2 2021 Results Earnings Conference Call August 18, 2021 7:00 AM ET Company Participants Gaofei Wang - Chief Executive Officer Fei Cao - Chief Financial Officer Conference Call Participants Thomas Chong - Jefferies Alex Ko - Morgan Stanley Miranda Zhuang - Bank of America Securities Operator Good day and thank you for standing by. Welcome to the Weibo Reports Second Quarter 2021 Financial Results Conference Call. At this time, all participants are in a listen-only mode. And aft ...

Weibo Corporation (NASDAQ:WB) Q1 2021 Earnings Conference Call May 10, 2021 7:00 AM ET Company Participants Sandra Zhang - Investor Relations Gaofei Wang - Chief Executive Officer Fei Cao - Chief Financial Officer Conference Call Participants Alicia Yap - Citigroup Alex Xie - Credit Suisse Thomas Chong - Jefferies Alex Ko - Morgan Stanley Operator Good day and thank you for standing by. Welcome to Weibo's First Quarter 2021 Financial Results Conference Call. At this time, all participants are in a listen-on ...

Weibo Corporation (NASDAQ:WB) Q4 2020 Earnings Conference Call March 18, 2021 7:00 AM ET Company Participants Sandra Zhang - Investor Relations Gaofei Wang - Chief Executive Officer Fei Cao - Chief Financial Officer Conference Call Participants Tian Hou - TH Capital Miranda Zhuang - Bank of America Alicia Yap - Citigroup Operator Ladies and gentlemen, thank you for standing by, and welcome to Weibo Reports Fourth Quarter and Fiscal Year 2020 Financial Results Conference Call. At this time, all participants ...

Financial Data and Key Metrics Changes - Total revenue for Q3 2020 reached $465.7 million, flat year-over-year, with advertising and marketing revenues increasing by 1% to $416.7 million [6][25] - Operating income was $179.4 million, representing an operating margin of 39%, compared to 41% last year [30] - Net income attributable to Weibo was $152.9 million, with a diluted EPS of $0.56 [25][30] Business Line Data and Key Metrics Changes - Mobile advertising revenues accounted for approximately 90% of total ad revenue, increasing from 87% the previous year [26] - Key Accounts (KA) revenue reached $221.2 million, up 12% year-over-year and 33% quarter-over-quarter, driven by a notable increase in brand advertisers [26][18] - Small and Medium Enterprises (SME) ad revenue decreased by 15% year-over-year but increased by 20% quarter-over-quarter, with gaming and online education sectors showing triple-digit growth [28][20] Market Data and Key Metrics Changes - Monthly Active Users (MAUs) grew 3% year-over-year to 511 million, while Daily Active Users (DAUs) increased by 4% year-over-year to 224 million [6][25] - The FMCG category saw growth acceleration, benefiting from an increase in the number of customers, while entertainment and travel sectors remained on a negative growth trajectory [18][27] Company Strategy and Development Direction - The company plans to enhance its competitiveness by investing in social attributes and video areas, focusing on user engagement and retention [8][10] - There is a strategic shift towards online business for SMEs, particularly in online education and gaming, to optimize services provided to these sectors [38][36] - The company aims to solidify its advantage in public and social media functions to grow its user base and improve user engagement [17][10] Management's Comments on Operating Environment and Future Outlook - Management noted that the pandemic has not significantly impacted brand ad revenue, but SMEs have faced challenges due to a focus on offline businesses [35][36] - The competitive landscape is expected to remain intense, particularly from short video platforms, but management believes that Weibo's unique offerings will help mitigate this [39][42] - The company anticipates a modest revenue increase of 1% to 3% year-over-year for Q4 2020, reflecting ongoing recovery trends [31] Other Important Information - Cash, cash equivalents, and short-term investments totaled $3.2 billion as of September 30, 2020, up from $2.4 billion at the end of 2019 [31] - The company has over 750,000 content creators participating in its video account program, with significant growth in daily video submissions and viewership [15][16] Q&A Session Summary Question: Advertising budget sentiments and recovery trends in China - Management indicated that the pandemic has not significantly impacted brand ad revenue, while SMEs have shifted focus to online business due to pandemic effects [35][36] Question: Competition from short video companies - Management acknowledged the intense competition but emphasized that Weibo's unique offerings and investments in video content will help maintain its market position [39][42] Question: Short video account growth and advertising revenue expectations - Over 700,000 video accounts have been opened, with 13,000 having over 1 million followers, and management expects continued growth in this area [44][45] Question: Preliminary outlook for the advertising business next year - Management plans to focus on both KA and SME sectors, with an emphasis on verticals like gaming and FMCG to drive future growth [52][53]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) o REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2018 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR o SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ...