Weibo Expands Its Ecosystem With an Instagram Clone [The Motley Fool]
Weibo Corporation - American Depositary Shares (WB)
Last weibo corporation - american depositary shares earnings: 2/26 05:00 am
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Source: The Motley Fool
Weibo Expands Its Ecosystem With an Instagram Clone “China’s Twitter” launches a new lifestyle app which resembles Instagram and Pinterest. Weibo ( NASDAQ:WB ) this week launched Oasis, a new social media app that resembles a hybrid between Facebook 's ( NASDAQ:FB ) Instagram and Pinterest ( NYSE:PINS ) , to a limited group of test users. Like Instagram, Oasis lets users edit their photos and videos with filters and promote their posts with hashtags. Like Pinterest, users can browse posts based on interests -- such as travel, fashion, and food -- and follow like-minded users. Oasis also resembles RED (known as Xiaohongshu in China), another Instagram-like app that lets merchants directly sell their products to users. RED hit 85 million monthly active users (MAUs) in June, but allegations of fake reviews and merchants peddling counterfeit goods caused the app to be pulled from China's app stores in July and August. Oasis doesn't offer any integrated e-commerce functions yet, but the
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News
- Weibo Co. (NASDAQ: WB) had its "hold" rating re-affirmed by analysts at Benchmark Co..MarketBeat
- Weibo Corp (WB) Q3 2024 Earnings Call Highlights: Strong Revenue Growth Amid Market Challenges [Yahoo! Finance]Yahoo! Finance
- Here's What Key Metrics Tell Us About Weibo (WB) Q3 Earnings [Yahoo! Finance]Yahoo! Finance
- Weibo Announces Third Quarter 2024 Unaudited Financial ResultsPR Newswire
- Insights Into Weibo (WB) Q3: Wall Street Projections for Key Metrics [Yahoo! Finance]Yahoo! Finance
WB
Earnings
- 11/19/24 - Beat
WB
Sec Filings
- 11/19/24 - Form 6-K
- 10/29/24 - Form 6-K
- WB's page on the SEC website