专栏咏竹坊

Stagnating Weibo at existential moment

One of China’s earliest social media companies said most of its major metrics were flat in its latest quarterly report, as it remains reliant on advertising for 85% of its revenue

This article only represents the author's own views.

Which way, Weibo?

Both analysts and investors seem undecided these days on Weibo Corp. (WB.US; 9898.HK), one of China’s earliest and most enduring social media companies that started out as a knockoff of Twitter, now known as X. Many might argue that like X, Weibo is currently in need of a major overhaul, which might be better done out of the public eye as a private rather than publicly traded company.

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