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Benzinga
Benzinga
World
The Bamboo Works

Weimob Invests For The Future, As Investors Grow Impatient For Profits

Key Takeaways:

  • Weimob reported a $566 million yuan adjusted loss for 2021, reversing a profit from the previous year, as it spent heavily on new initiatives
  • Big-name investors sold down their stakes in the company in the second half of last year, but are showing early signs of returning
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