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According to AI News, on November 19th, Weibo released its financial report for the third quarter of 2024. The total revenue of Weibo in the third quarter was $464.5 million, approximately RMB 3.294 billion, of which advertising revenue reached $398.6 million, approximately RMB 2.824 billion. The adjusted operating profit for the third quarter reached $164.5 million, approximately RMB 1.159 billion; The adjusted net profit is 139.2 million US dollars, approximately 980 million yuan. Weibo's US stock market rose before the market, up nearly 6%.
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