On the Record · Weibo
Weibo acquisitions, on the record
The businesses Weibo bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Shanghai Jiamian Information Technology Co., Ltd.Word for word“In the fourth quarter of 2020, we acquired the majority equity shares of Shanghai Jiamian Information Technology Co., Ltd., a company operating several online interactive entertainment apps in China including "Pocket Werewolves."” 20-F for 2023 | acquisition | in the fourth quarter of 2020 | — |
Shanghai Benqu Network Technology Co., Ltd.Word for word“A substantial portion of the goodwill and intangible assets arose from the acquisitions of Shanghai Jiamian Information Technology Co., Ltd. in 2020, the indirect acquisition of Shanghai Benqu Network Technology Co., Ltd., the developer of Wuta beauty camera app, in 2021, as well as the acquisitions of Xi'an Yunrui Network Technology Co., Ltd., the operator of an online interactive entertainment application "Werewolf," in 2023.” 20-F for 2023 | acquisition | in 2021 | — |
Xi'an Yunrui Network Technology Co., Ltd.Word for word“A substantial portion of the goodwill and intangible assets arose from the acquisitions of Shanghai Jiamian Information Technology Co., Ltd. in 2020, the indirect acquisition of Shanghai Benqu Network Technology Co., Ltd., the developer of Wuta beauty camera app, in 2021, as well as the acquisitions of Xi'an Yunrui Network Technology Co., Ltd., the operator of an online interactive entertainment application "Werewolf," in 2023.” 20-F for 2023 | acquisition | in 2023 | — |
Beijing Weibo Interactive Internet Technology Co., Ltd.Word for word“In December 2013, Weimeng acquired from SINA the entire equity interest in Beijing Weibo Interactive Internet Technology Co., Ltd., a PRC company engaged in the online game business, for a consideration of US$10.1 million.” 20-F for 2023 | acquisition | In December 2013 | US$10.1 million |
Sina.com Technology (China) Co., Ltd., the owner of SINA Plaza in Beijing, ChinaWord for word“In December 2022, Weibo Hong Kong Limited, our wholly owned subsidiary, entered into an agreement to acquire from SINA Hong Kong Limited, a wholly owned subsidiary of SINA Corporation, the entire equity interest in Sina.com Technology (China) Co., Ltd., the owner of SINA Plaza in Beijing, China, for an aggregate consideration of approximately RMB1.5 billion.” 20-F for 2023 | agreed acquisition | In December 2022 | approximately RMB1.5 billion |
Sina.com Technology (China) Co., Ltd.Word for word“In December 2022, Weibo Hong Kong Limited, our wholly owned subsidiary, entered into an agreement to acquire from SINA Hong Kong Limited, a wholly owned subsidiary of SINA Corporation, the entire equity interest in Sina.com Technology (China) Co., Ltd., the owner of SINA Plaza in Beijing, China, for an aggregate consideration of approximately RMB1.5 billion.” 20-F for 2024 | agreed acquisition | In December 2022 | aggregate consideration of approximately RMB1.5 billion |
INMYSHOW Digital Technology (Group) Co., Ltd.Word for word“We beneficially owned 480,342,364 shares of INMYSHOW Digital Technology (Group) Co., Ltd., representing approximately 26.57% of its total issued shares, immediately following the consummation of this transaction and taking into account our existing shareholding.” 20-F for 2024 | acquisition | — | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2017-12-31 | $2.3 million | $2.3 million |
| 2018-12-31 | $40 million | — |
| 2020-12-31 | $214.3 million | — |
| 2021-12-31 | $61.2 million | — |
| 2022-12-31 | −$939,000 | — |
| 2023-12-31 | $243.4 million | — |
| 2024-12-31 | $5.3 million | — |
Read from Weibo’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-23. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.