www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Technology

Weibo posts 516% leap in Q2 net profit

By Ma Si (China Daily) Updated: 2016-08-10 07:22

Weibo posts 516% leap in Q2 net profit

Two entertainers wear cartoon clothes stand in front of an exhibition booth of Sina Weibo at the 2016 Global Mobile Internet Conference (GMIC) at the National Convention Center in Beijing, 28 April 2016. [Photo/IC]

Weibo Corp, the Chinese counterpart of Twitter Inc, expects a strong financial performance in the third quarter of the year, after the company saw more than fivefold increase in its net profit in the second quarter, driven by robust advertising revenue.

Weibo, majority owned by Chinese online media company Sina Corp, said on Monday its net profit surged to $25.9 million in the second quarter to June 30, marking a year-on-year growth of 516 percent.

Its revenue reached $146.9 million, beating analyst's average estimates of $146.7 million.

CEO Wang Gaofei said the company had been given a major boost from the rising popularity of the social networking-based marketing.

"Revenue from big corporate clients surged by 73 percent and that from small and medium-sized firms by 107 percent."

The company expects third-quarter revenue of $168 million to $173 million, with analysts estimating an average $164.6 million. US shares of the Nasdaq-listed firm rose 3.65 percent to $37.17 in after-hours trading on Monday.

Weibo has been wrestling with Tencent Holdings Ltd's WeChat for supremacy in China's booming social networking market.

In June, Weibo boasted about 282 million monthly active users, up by 33 percent from a year earlier. In comparison, WeChat has about 700 million active users.

Unlike WeChat, which focuses on promoting communication between friends and colleagues, Weibo is an entirely open platform where strangers can talk with each other.

According to its CEO, the Shanghai-based group is also gaining momentum in the live-streaming sector, which is currently one of the most popular destinations for investments in China.

"Our users of short videos and live streaming also surged," Wang said.

In November, Weibo led a $200 million investment in the startup yixia.com, which runs one of the most popular video live-streaming platforms in China. Since then, Weibo has been partnering with yixia to target young people.

Analyst Pang Yiming, at Beijing-based internet consultancy Analysys, said the partnership had dramatically accelerated the user growth of Weibo.

"In the past, small online clothing retailers contributed a significant amount to Weibo's advertising revenue but it is now making a big effort to attract big brands," Pang said.?

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国产精品网址 | 九九热视频精品 | 成人伊人青草久久综合网 | 欧美性色生活免费观看 | 日本加勒比视频在线观看 | 亚洲理论片在线中文字幕 | 欧美极品欧美精品欧美视频 | 国产欧美精品综合一区 | 欧美一区二区在线免费观看 | 日本特黄特色高清免费视频 | 国产一区二区精品久久凹凸 | 日韩 国产 欧美视频一区二区三区 | 国产一区视频在线 | 亚洲欧美日韩国产精品26u | 亚洲一区在线免费观看 | 久久国产一级毛片一区二区 | 欧美特级 | 精品久久久久久综合网 | 亚洲一级理论片 | 免费看香港一级毛片 | 国产91一区二这在线播放 | 亚洲国产成人久久午夜 | 91一级片 | 久久亚洲精品中文字幕三区 | 国产精品自拍视频 | 久久999精品 | 久久w5ww成w人免费不卡 | 久久久这里只有精品加勒比 | 久操精品在线 | 日本一级特黄在线播放 | 日韩三级中文字幕 | 亚洲美女色成人综合 | 精品中文字幕在线 | 成年女人在线视频 | 无限资源中文免费 | 国产亚洲精品久久久久久久网站 | 精品午夜一区二区三区在线观看 | 99视频在线免费看 | 黄色美女视频免费看 | 欧美人成在线 | 精品国产免费一区二区三区 |