The Traderszone Network

Published in TZ Latest News 30 July, 2017 by The TZ Newswire Staff

Weibo History: Everything Investors Need to Know

Chinese social media company Weibo (NASDAQ: WB) has built an impressive audience, recording 340 million monthly active users (MAUs) as of March 30 and showing signs that it could continue to deliver impressive growth. 

Last quarter saw Weibo grow revenue 67% year over year and increase its earnings a whopping 561% — levels that should pique the interest of investors on the hunt for growth stocks. Let’s dive into the company’s history to get a better idea of where its been and where it might be heading. 

Image source: Getty Images.

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