BEIJING, May 24, 2023
/PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company")
(NASDAQ: WB and HKEX: 9898), a leading social media in China, today announced that the following
proposed resolutions submitted for shareholder approval have been
adopted at its 2023 annual general meeting of shareholders held
today:
1. as an ordinary resolution, THAT Ms. Hong Du shall be re-elected as a director of the
Company at this annual general meeting and retain office until her
retirement pursuant to the Company's memorandum and articles of
association;
2. as an ordinary resolution, THAT Mr. Pehong Chen shall be
re-elected as a director of the Company at this annual general
meeting and retain office until his retirement pursuant to the
Company's memorandum and articles of association;
3. as an ordinary resolution, THAT Mr. Yan Wang shall be re-elected as a director of
the Company at this annual general meeting and retain office until
his retirement pursuant to the Company's memorandum and articles of
association; and
4. as a special resolution, THAT the Company's Third Amended and
Restated Memorandum and Articles of Association be amended and
restated by the deletion in their entirety and by the substitution
in their place of the Fourth Amended and Restated Memorandum and
Articles of Association.
About Weibo
Weibo is a leading social media for people to create, share and
discover content online. Weibo combines the means of public
self-expression in real time with a powerful platform for social
interaction, content aggregation and content distribution. Any user
can create and post a feed and attach multi-media and long-form
content. User relationships on Weibo may be asymmetric; any user
can follow any other user and add comments to a feed while
reposting. This simple, asymmetric and distributed nature of Weibo
allows an original feed to become a live viral conversation
stream.
Weibo enables its advertising and marketing customers to promote
their brands, products and services to users. Weibo offers a wide
range of advertising and marketing solutions to companies of all
sizes. The Company generates a substantial majority of its revenues
from the sale of advertising and marketing services, including the
sale of social display advertisement and promoted marketing
offerings. Designed with a "mobile first" philosophy, Weibo
displays content in a simple information feed format and offers
native advertisement that conform to the information feed on its
platform. To support the mobile format, Weibo has developed and has
been continuously refining its social interest graph recommendation
engine, which enables its customers to perform people marketing and
target audiences based on user demographics, social relationships,
interests and behaviors, to achieve greater relevance, engagement
and marketing effectiveness.
Contact:
Investor Relations
Weibo Corporation
Phone: +86 10 5898-3336
Email: ir@staff.weibo.com
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SOURCE Weibo Corporation