Weibo is riding the trend of Internet celebrity.
Weibo’s second-quarter results beat our expectations and the high end of company guidance. The net revenue increased by 36% year on year, largely driven by explosive advertising revenue growth from both key accounts and small and midsize enterprise, or SME, customers, up 73% and 107% year on year, respectively. The operating margin jumped to 18.6%, versus 2.2% a year ago and 6.0% in the first quarter, owing to the platform's operating leverage. The company guided for continuing strong revenue gr...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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