Weibo is trading at low valuations and it has potential synergies with its parent Alibaba. Weibo can benefit from Alibaba's social media ecosystem and through increased advertising from its ecommerce.
What is covered in the Full Insight:
Overview of Weibo's profitability
Comparison of Weibo to Twitter
Analyst views on Weibo's outlook
Opportunities for Weibo through Alibaba
Technical analyses of Weibo's trading history
Boomeranged on Thu, 3 Oct 2024 08:07
WB is up 60% over the past few days. Citi put the company on its "90-day positive catalyst watch list" with a US$12 price target. The upcoming 11.11 promotional period should provide a boost to ad spending particularly now that the company has deepened its tie-in with TMall. The surge in China markets will act as a catalyst for the synergistic combinations with BABA discussed in the insight.
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