Weibo reported a 147 per cent jump in net profit for the third quarter to US$54.59 million, up from US$22.14 million in the same period last year. Photo: AP
Weibo reported a 147 per cent jump in net profit for the third quarter to US$54.59 million, up from US$22.14 million in the same period last year. Photo: AP
Weibo
Tech /  Big Tech

Chinese microblogging giant Weibo beats estimates with strong third quarter

Solid financial results provide big boost to parent Sina’s own quarterly earnings

Bien Perez
Bien Perez

Updated: 2:54pm, 20 Jul, 2018

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Weibo reported a 147 per cent jump in net profit for the third quarter to US$54.59 million, up from US$22.14 million in the same period last year. Photo: AP
Weibo reported a 147 per cent jump in net profit for the third quarter to US$54.59 million, up from US$22.14 million in the same period last year. Photo: AP
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