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They may not be comparable to non-GAAP financial measures used by other companies. Please see our lists of popular Chinese apps in the […] First, they had published at least 50 original Weibo posts around a month in total from 31 December, 2019 to 26 January, 2020. The company has also established an online e-commerce academy for participants in the industry to learn to monetize their presence on Weibo.©2018 KrASIA. "We are pleased with the sustained momentum in our user and engagement growth," said Gaofei Wang, CEO of Weibo. By the end of 2018, 24.6% of China’s population will be a Weibo user. All Rights Reserved.Weibo Xiaodian enables the microblogging platform’s users to add goods hosted on C2C marketplaces including Taobao, JD.com and SaaS vendor Youzan to the platform. ). Accordingly, care should be exercised in understanding how the Company defines its non-GAAP financial measures. Fourth Quarter 2019 Financial Results. The conference call can be accessed as follows:The Company's non-GAAP financial measures exclude stock-based compensation, amortization of intangible assets, net results of impairment on, gain on sale of and fair value change of investments, non-GAAP to GAAP reconciling items on the share of equity method investments, non-GAAP to GAAP reconciling items for the income/loss attributable to non-controlling interests, provision for income tax related to the amortization of intangible assets (other non-GAAP to GAAP reconciling items have no tax effect), and amortization of convertible debt issuance cost.

Average daily active users ("DAUs") were 203 million in March 2019, a net addition of approximately 19 million users on year over year basis. Here is all the Weibo statistics you need to know including active users, user demographics, revenue and more. The Company also believes that the non-GAAP financial measures provide useful information to both management and investors by excluding certain expenses, gains (losses) and other items (i) that are not expected to result in future cash payments or (ii) that are non-recurring in nature or may not be indicative of the Company's core operating results and business outlook.Copyright © 2020 Weibo Corp. All Rights Reserved.Use of non-GAAP financial measures has limitations. For the fourth quarter of 2019, Weibo's total net revenues were $468.1 million, a decrease of 3% compared to $481.9 million for the same period last year.. Advertising and marketing revenues for the fourth quarter of 2019 were $405.9 million, a decrease of 3% compared to $417.0 million for the same period last year. Adjusted EBITDA excludes interest income, net, income tax expenses, and depreciation expenses. The Company believes that these non-GAAP financial measures provide useful information to investors and others in the following ways: (i) in comparing the Company's current financial results with the Company's past financial results in a consistent manner, and (ii) in understanding and evaluating the Company's current operating performance and future prospects in the same manner as management does, if they so choose. Popular social networking app Weibo (Sina Weibo) will continue its double-digit growth this year in China, according to eMarketer’s first forecast on Weibo usage.