About Weibo
Weibo is a company based in Beijing (China) founded in 2009.. Weibo has raised $586 million across 3 funding rounds from investors including Alibaba Group, Chinese government and Sequoia Capital. Weibo operates in a competitive market with competitors including TuneIn, Noice, Radiowalla, Global Player and YO Mobile, among others.
- Headquarter Beijing, China
- Stage Public
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$586 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Alibaba Group
& 4 more
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Employee Count
Employee Count
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Funding Insights of Weibo
Weibo has successfully raised a total of $586M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(29 Apr 2013)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Grant - Weibo | Valuation |
investors |
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| Nov, 2017 | Amount | Post-IPO - Weibo | Valuation |
investors |
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| Apr, 2013 | Amount | Private Equity Round - Weibo | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Weibo
Weibo has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Alibaba Group, Chinese government and Sequoia Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Tech & Offline focused Seed stage VC Firm investing primarily in Asia and the US
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Founded Year | Domain | Location | |
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Seed-stage technology startups are invested in by Cherubic Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Weibo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Weibo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Weibo Comparisons
Competitors of Weibo
Weibo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TuneIn, Noice, Radiowalla, Global Player and YO Mobile, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Broadcast radio channels are aggregated and streamed through subscriptions.
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| domain | founded_year | HQ Location |
Online radio and podcasts are streamed across various genres.
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Provider of in-store radio, corporate radio, and digital screen content management
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| domain | founded_year | HQ Location |
Offers access to live radio, podcasts, and music playlists online.
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| domain | founded_year | HQ Location |
Offers affordable mobile plans with unlimited calls and data for US-Mexico families.
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| domain | founded_year | HQ Location |
Radio channels are aggregated, streamed, and shared online by Streema.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Weibo
Frequently Asked Questions about Weibo
When was Weibo founded?
Weibo was founded in 2009 and raised its 1st funding round 4 years after it was founded.
Where is Weibo located?
Weibo is headquartered in Beijing, China.
Who is the current CEO of Weibo?
Gaofei Wang is the current CEO of Weibo.
Is Weibo a funded company?
Weibo is a funded company, having raised a total of $586M across 3 funding rounds to date. The company's 1st funding round was a Private Equity Round of $586M, raised on Apr 29, 2013.
What does Weibo do?
Weibo was founded in 2009 and is headquartered in Beijing, China. A micro-blogging platform is provided in the social media sector, where real-time updates are posted by users under character limits. Photos and videos can be shared, and articles are blogged or browsed across categories including friendship, enterprise, property, tourism, fashion, food, finance, and shopping. Operations focus on user-generated content and community interactions.
Who are the top competitors of Weibo?
Weibo's top competitors include TuneIn, Noice and Radiowalla.
Who are Weibo's investors?
Weibo has 5 investors. Key investors include Alibaba Group, Chinese government, Sequoia Capital, Zhen Fund, and Cherubic Ventures.
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