SINA Corporation to Release Second Quarter 2020 Financial Results on September 28, 2020
BEIJING, September 23, 2020 / PRNewswire / – SINA Corporation (NASDAQ GS: SINA), a Leading Online Media Company China and global Chinese communities, to report unaudited second quarter 2020 financial results ahead of U.S. market opening Monday, September 28, 2020.
SINA is a leading online media company serving China and global Chinese communities. Its digital media network of SINA.com (portal), SINA mobile (mobile portal and mobile applications) and Weibo (social media) enables internet users to access professional media and user-generated content in multimedia formats from computers and mobile devices and share their interests with friends and acquaintances.
SINA.com offers distinct and targeted professional content on each of its region-specific websites and a full range of complementary offerings. SINA mobile provides personalized news, business and entertainment content for mobile users through mobile applications and the SINA.cn mobile portal site.
Weibo is a leading social media platform for people to create, distribute, and discover content. Based on an open platform architecture, Weibo provides a simple and unprecedented way for people and organizations to speak out publicly in real time, interact with others on a vast global platform, and stay connected with the world.
Through these and other product lines, SINA offers a range of online media and social media services to its users to create a rich canvas for businesses and advertisers to connect and connect. engage effectively with their target audience.
Safe Harbor Declaration
This press release contains forward-looking statements which relate, among other things, to SINA’s strategic and operational plans. SINA may also make forward-looking statements in the Company’s periodic reports to the US Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. . SINA assumes no obligation to update any forward-looking statements contained in this press release and elsewhere. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, SINA’s limited operating history in certain new businesses; the global financial and credit market crisis and its impact on the Chinese economy; the uncertain regulatory landscape China; fluctuations in the Company’s quarterly operating results; the company’s reliance on online advertising sales and MVAS for the majority of its revenues; the inability to develop, introduce, foster adoption or monetize new features and products, including Portal, Weibo and MVAS products the inability to enter and grow the small and medium business market through the company or through cooperation with other parties, such as Alibaba; society’s dependence on mobile phone operators China to provide MVAS and changes in mobile operator policies for MVAS in China; failure to successfully integrate acquired businesses; risks associated with the company’s investments, including trade-in and write-down of shares; and the inability to compete successfully with new entrants and established competitors in the industry. Further information regarding these and other risks is included in SINA’s annual report on Form 20-F for the year ended. December 31, 2019 and other filings with the Securities and Exchange Commission.
Telephone: 8610-5898 3336
E-mail: [email protected]
SOURCE SINA Corporation