Weibo Corporation

HKSE 9898.HK

Weibo Corporation Free Cash Flow for the year ending December 31, 2023: USD 636.05 M

Weibo Corporation Free Cash Flow is USD 636.05 M for the year ending December 31, 2023, a 73.12% change year over year. Free cash flow is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
  • Weibo Corporation Free Cash Flow for the year ending December 31, 2022 was USD 367.40 M, a -43.16% change year over year.
  • Weibo Corporation Free Cash Flow for the year ending December 31, 2021 was USD 646.39 M, a -8.55% change year over year.
  • Weibo Corporation Free Cash Flow for the year ending December 31, 2020 was USD 706.82 M, a 15.89% change year over year.
  • Weibo Corporation Free Cash Flow for the year ending December 31, 2019 was USD 609.91 M, a 32.69% change year over year.
Key data
Date Free Cash Flow Operating Cash Flow Net Cash Used For Investing Activities Net Cash Used Provided By Financing Activities
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SV Wall Street
HKSE: 9898.HK

Weibo Corporation

Description

Weibo Corporation, through its subsidiaries, operates as a social media platform for people to create, distribute, and discover content in the People's Republic of China. It operates in two segments, Advertising and Marketing Services; and Value-Added Services. The company offers discovery products to help users discover content on its platform; self-expression products that enable its users to express themselves on its platform; and social products to promote social interaction between users on its platform. It also provides advertising and marketing solutions, such as social display advertisements; and promoted marketing offerings, such as Fans Headline and Weibo Express promoted feeds, as well as promoted trends and search products that appear alongside user's trends discovery and search behaviors. In addition, the company offers products, such as trends, search, video/live streaming, and editing tools; content customization, copyright contents pooling, and user interaction development; and search list recommendation, trends list recommendation, and Weibo app opening advertisements. Further, it provides back-end management, traffic support, and product solutions to MCNs, unions, and e-commerce partners; open application platform for other app developers that allows users to log into third-party applications with their Weibo account for sharing third-party content on its platform; and Weibo Wallet, a product that enables platform partners to conduct interest generation activities on Weibo, such as handing out red envelops and coupons. The company was formerly known as T.CN Corporation and changed its name to Weibo Corporation in 2012. The company was founded in 2009 and is headquartered in Beijing, China. Weibo Corporation operates as a subsidiary of Sina Corporation.

StockViz Staff

February 3, 2025

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