Weibo Corp Reported Q4 Monthly Active Users (MAUs) of 598M in December 2023, up by 11M YoY
Portfolio Pulse from Benzinga Newsdesk
Weibo Corp reported an increase in Q4 Monthly Active Users (MAUs) to 598 million in December 2023, up by 11 million from the previous year. Mobile MAUs accounted for 95% of this figure. Additionally, Daily Active Users (DAUs) rose to 257 million, marking a 5 million increase year-over-year.
March 14, 2024 | 9:06 am
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Weibo Corp reported significant growth in both Monthly and Daily Active Users in Q4 2023, indicating a positive trend in user engagement.
The increase in both MAUs and DAUs for Weibo Corp suggests a growing and engaged user base, which is a positive indicator for the company's future revenue potential and attractiveness to advertisers. This growth in key performance metrics is likely to be viewed positively by investors, potentially leading to an increase in stock price in the short term.
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