Weibo Corporation released its unaudited financial results for Q2 and H1 2024 on August 22, 2024. The company provided a reconciliation between US GAAP and IFRS financial statements, highlighting key differences in accounting treatments.The reconciliation, verified by PricewaterhouseCoopers, revealed variances in areas such as convertible debts, leases, fair value investments, share-based compensation, and redeemable non-controlling interests. Under IFRS, Weibo's net income attributable to shareholders for H1 2024 was $210.65 million, compared to $161.37 million under US GAAP.These adjustments primarily affected the presentation of financial statements and the timing of expense recognition, rather than fundamentally altering the company's financial position. The reconciliation aims to provide investors with a comprehensive view of Weibo's financial performance under both accounting standards.

Weibo Corporation released its unaudited financial results for Q2 and H1 2024 on August 22, 2024. The company provided a reconciliation between US GAAP and IFRS financial statements, highlighting key differences in accounting treatments.The reconciliation, verified by PricewaterhouseCoopers, revealed variances in areas such as convertible debts, leases, fair value investments, share-based compensation, and redeemable non-controlling interests. Under IFRS, Weibo's net income attributable to shareholders for H1 2024 was $210.65 million, compared to $161.37 million under US GAAP.These adjustments primarily affected the presentation of financial statements and the timing of expense recognition, rather than fundamentally altering the company's financial position. The reconciliation aims to provide investors with a comprehensive view of Weibo's financial performance under both accounting standards.