The Zhitong Finance app learned that before the US stock market on September 28 (Monday), the Weibo (WB.US) stock price rose. As of 18:37 Beijing time, the stock had risen 6.95% to 34.8 US dollars.

According to reports, on September 28, Weibo announced the unaudited financial results for the second quarter of 2020 ending June 30 before the US stock market. According to financial reports, Weibo's revenue for the second quarter was 387 million US dollars, down 10% from the previous year. Net profit of the mother was 198 million US dollars, up 92.6% year on year. Earnings per diluted share were $0.86, compared to $0.46 for the same period last year.

As of June 2020, the number of monthly active users (MAU) of Weibo was 523 million, a net increase of about 37 million over the previous year. Mobile MAUs account for about 94% of MAUs. The average daily active users (DAU) was 229 million, a net increase of about 18 million over the previous year.