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Benzinga
Benzinga
World
The Bamboo Works

Weibo Plays With the Big Boys in Numbers, But Investors Still Worry

Weibo Meta WeChat Ken Lo Twitter Inc. United States China Hong Kong Nasdaq

Key takeaways:

  • Weibo’s revenue rose above pre-pandemic levels last year, but its profitability lagged due to heavy spending
  • The company trails Meta in its ability to monetize users, and is very much in the shadow of local rival WeChat in terms of total user numbers
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