Weibo Online Service Agreement

Accordingly, the Company has consolidated results of operations and life assets and liabilities in the consolidated financial statements in accordance with U.S. generally accepted accounting principles (« U.S. GAAP ») for all periods presented. Other related parties mainly include companies in which SINA or Weibo have significant influence. These companies we invest in are mainly high-tech companies operating in various internet-related industries, such as. B, short video apps, social marketing and new media services, etc. Within three months of 31. In March 2018 and 2019, advertising and marketing revenues of other related parties were $17.7 million and $24.0 million, other related parties` value-added service revenues were $6.2 million and $1.1 million, and the group received advertising services from other related parties in the amount of approximately $2.6 million and $1.3 million. million dollars, respectively. respectively. As at December 31, 2018 and March 31, 2019, net receivables of other related parties were $130.8 million and $136.7 million, liabilities to other related parties were $31.2 million and $47.7 million, respectively, and deferred and other liabilities to other related parties were $14.4 million and $54.4 million, respectively, respectively. Within the other related parties, a related party that is the subject of an investment in the short video sector had receivables of $80.9 million and $84.9 million from other related parties as of December 31, 2018 and March 31, 2019, respectively. On December 1, 2010, the site suffered a crash that, according to administrators, was due to the ever-increasing number of users and publications.

[22] Registered users exceeded 100 million in February 2011. [23] Since March 23, 2011, t.cn is used instead of sinaurl.cn as the official shortened URL of Sina Weibo. . . .

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