On November 11, Sina Weibo released its third quarter financial report. According to the financial report, Weibo’s third quarter revenue was $607 million, up 30% year-on-year, and operating profit reached $213 million.
Advertising and marketing revenue was $538 million in the third quarter, up 29% year-on-year, and value-added services revenue was $69.8 million, up 42% year-on-year. As of September 2021, monthly active users were 573 million, daily active users reached 248 million, and daily active user volume increased 23 million year over year.
Source: Newrank
