Weibo (09898.HK) reported Q1 2026 net revenue $421 mln, up 6% YoY. Ad and marketing revenue was $369 mln, +9% YoY; excluding Alibaba ad spend it was $327 mln, +10% YoY. Alibaba-sourced ad revenue was $43.3 mln, +2% YoY. Value-added services revenue fell 11% YoY to $51.6 mln, driven by weaker gaming-related contribution. March 2026 MAU 562 mln; March DAU 254 mln. Cash, cash equivalents and short-term investments totaled $2.59 bln at March 31, 2026. Operating cash flow in Q1 was $164 mln. Capex $1

Weibo (09898.HK) reported Q1 2026 net revenue $421 mln, up 6% YoY. Ad and marketing revenue was $369 mln, +9% YoY; excluding Alibaba ad spend it was $327 mln, +10% YoY. Alibaba-sourced ad revenue was $43.3 mln, +2% YoY. Value-added services revenue fell 11% YoY to $51.6 mln, driven by weaker gaming-related contribution. March 2026 MAU 562 mln; March DAU 254 mln. Cash, cash equivalents and short-term investments totaled $2.59 bln at March 31, 2026. Operating cash flow in Q1 was $164 mln. Capex $11.9 mln; depreciation and amortisation $15.5 mln.