Weibo Corporation

Good day and thank you for standing by. Welcome to April 1st Quarter 2021 Financial Results Conference Call. At this time, all participants are in the listen-only mode. After speaker's presentation, there will be a question and answer session. To ask a question during the session, you need to press star 1 on your telephone. Please be advised that today's conference is being recorded. If you require any further assistance, please press star 0. and I'd like to hand the conference over to Ms. Sandra Zhang, Weibo Head of IR. Thank you, please. Go ahead, ma'am.

Thank you, operator. Welcome to Weibo's first quarter 2021 earnings conference call. Joining me today are our Chief Executive Officer, Gaofei Wang, and our Chief Financial Officer, Fei Cao. The conference call is also being broadcasted on the Internet, and it's available through Weibo's IR website. Before the mentioned remarks, I'd like to read you the state public statement in connection with today's conference call. During today's conference call, we may make forward-looking statements, statements that are not historical facts, including statements of our beliefs and expectations. Forward-looking statements involve inherent risk and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. We will assume no obligation to update the forward-looking statement in this conference call and elsewhere. Further information regarding this and other risks is included in Weibo's annual report on Form 20F and other filings with the SEC. All the information provided in this press release is occurring as of the date here. We will assume no obligation to update such information, except as required under applicable law. Additionally, I would like to remind you that our discussion today includes certain non-GAAP measures, which includes stock base compensation and certain other expenses. We use non-GAAP financial measures to gain a better understanding of labor's comparative operating performance and future prospects. Our non-GAAP financials include certain expenses, gains or losses, and other items that are not expected to result in future cash payment or are non-recurring in nature. or not indicative of our core operating results and outlook. Please refer to our press release for more information about our non-GAAP measures. Following mentioned prepared remarks, we open up for a brief Q&A session. With this, I'd like to turn the call over to our CEO, Gao Feibang.

Thank you. Hello, everyone, and welcome to Weibo's fourth quarter 2021 earnings conference call. On today's call, I'll share with you highlights in Weibo's user product and monetization in the first quarter of 2021.