Weibo Corporation (NasdaqGS:WB) entered into certain share purchase agreement to acquire 18.399942% stake in Inmyshow Digital Technology(Group)Co.,Ltd. (SHSE:600556) from SINA Corporation for CNY 2.16 billion on March 1, 2023.Immediately following the consummation of this proposed transaction and together with our existing shareholding in INMYSHOW, we will in the aggregate beneficially own 480,342,364 shares of INMYSHOW, representing approximately 26.57% of its total issued shares.
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Other stock markets
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5-day change | 1st Jan Change | ||
8.86 USD | -1.66% | +1.03% | -19.09% |
May. 28 | Nomura Trims Weibo Price Target to $10 From $10.80 | MT |
May. 23 | Weibo's Q1 Profit Halves | MT |
Stocks mentioned in the article
Price
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Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
8.86 USD | -1.66% | +1.03% | 2.15B | ||
4.17 CNY | +1.71% | +0.72% | 1.04B | ||
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-19.09% | 2.15B | |
+32.02% | 1,184B | |
+6.42% | 30.74B | |
-16.08% | 8.14B | |
-20.62% | 1.48B | |
+28.04% | 944M | |
-10.53% | 559M | |
+17.33% | 415M | |
-23.98% | 365M | |
+9.64% | 221M |
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- Weibo Corporation (NasdaqGS: WB) entered into certain share purchase agreement to acquire 18.399942% stake in Inmyshow Digital Technology(Group)Co.,Ltd. from SINA Corporation for CNY 2.16 billion.