Weibo Corporation (WB)

About Weibo Corporation

Weibo Corporation, through its subsidiaries, operates as a social media platform for people to create, discover, and distribute content in the People's Republic of China. It operates through 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, Weibo Express, and 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 services for better displaying and promotion of its account and content; an open application platform 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. It serves ordinary people, celebrities, opinion leaders, and other public figures or influencers, as well as media outlets, businesses, government agencies, charities, and other organizations. 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 based in Beijing, the People's Republic of China.

Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.

Super investor ownership

5 of the funds we track reported a position in their latest SEC 13F filing. Largest first:

• Sarah Ketterer, CAUSEWAY CAPITAL MANAGEMENT LLC$16.83M · 0.2% of book
• D. E. Shaw, D. E. Shaw & Co., Inc.$4.68M · 0.0% of book
• Israel Englander, MILLENNIUM MANAGEMENT LLC$2.05M · 0.0% of book
• Two Sigma, TWO SIGMA INVESTMENTS, LP$1.63M · 0.0% of book
• Ken Griffin, CITADEL ADVISORS LLC$100.0K · 0.0% of book

A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.

Politician trades in WB

We hold 6 disclosed trades in WB by members of Congress and executive-branch officials. The latest 5:

• Greg Gianforte · HouseSell · $100,001 - $250,000 · traded 18 Jan 2019 · disclosed 6 Mar 2019
• Donna Shalala · HouseSell · $1,001 - $15,000 · traded 15 Jan 2019 · disclosed 27 Apr 2020
• Donna Shalala · HouseSell · $1,001 - $15,000 · traded 14 Jan 2019 · disclosed 27 Apr 2020
• Donna Shalala · HouseSell · $1,001 - $15,000 · traded 11 Jan 2019 · disclosed 27 Apr 2020
• Greg Gianforte · HouseBuy · $100,001 - $250,000 · traded 21 Dec 2018 · disclosed 23 Jan 2019

A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.

Common questions