CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
| Current assets: |
|
|
| Cash and cash equivalents |
$ 2,423,703
|
$ 1,814,844
|
| Short-term investments |
711,062
|
1,682,048
|
| Accounts receivable due from third parties, net of allowances of $29,061 and $42,650 as of December 31, 2020 and 2021, respectively |
577,982
|
314,159
|
| Prepaid expenses and other current assets (including loans to and interest receivable from other related parties of $158,622 and $700,465 as of December 31, 2020 and 2021, respectively) |
450,726
|
296,757
|
| Amount due from SINA (Note 10) |
494,200
|
548,900
|
| Total current assets |
4,802,780
|
4,834,559
|
| Property and equipment, net |
68,396
|
60,632
|
| Operating lease assets |
60,519
|
7,176
|
| Intangible assets, net |
166,930
|
146,976
|
| Goodwill |
130,405
|
61,712
|
| Long-term investments |
1,207,651
|
1,179,466
|
| Other non-current assets |
1,082,841
|
44,596
|
| Total assets |
7,519,522
|
6,335,117
|
| Current liabilities (including amounts of the consolidated VIEs without recourse to the primary beneficiary of $538,269 and $[]$710,915 as of December 31, 2020 and 2021, respectively.) |
|
|
| Accounts payable |
197,643
|
149,509
|
| Accrued and other liabilities |
821,033
|
556,753
|
| Operating lease liability, short-term |
7,919
|
5,580
|
| Income taxes payable |
144,747
|
102,844
|
| Convertible debt |
896,541
|
|
| Deferred revenues |
91,136
|
143,684
|
| Total current liabilities |
2,159,019
|
958,370
|
| Long-term liabilities |
|
|
| Convertible debt |
|
892,399
|
| Unsecured senior notes |
1,538,415
|
1,536,112
|
| Deferred tax liability |
66,903
|
58,299
|
| Operating lease liability, long-term |
52,042
|
1,505
|
| Other non-current liabilities |
15,123
|
2,102
|
| Total long-term liabilities |
1,672,483
|
2,490,417
|
| Total liabilities |
3,831,502
|
3,448,787
|
| Commitments and contingencies |
|
|
| Redeemable non-controlling interests |
66,622
|
57,714
|
| Shareholders' equity: |
|
|
| Ordinary shares: $0.00025 par value; 2,400,000 and 2,400,000 shares (including 1,800,000 Class A ordinary shares, 200,000 Class B ordinary shares and 400,000 shares to be designated) authorized; 227,688 shares (including 125,909 Class A ordinary shares and 101,779 Class B ordinary shares) and [] shares (including [] Class A ordinary shares and [] Class B ordinary shares) issued and outstanding as of December 31, 2020 and 2021, respectively. |
59
|
57
|
| Additional paid-in capital |
1,477,291
|
1,201,622
|
| Accumulated other comprehensive income |
156,932
|
79,526
|
| Retained earnings |
1,959,539
|
1,531,220
|
| Total Weibo shareholders' equity |
3,593,821
|
2,812,425
|
| Non-controlling interests |
27,577
|
16,191
|
| Total shareholders' equity |
3,621,398
|
2,828,616
|
| Total liabilities, redeemable non-controlling interests and shareholders' equity |
7,519,522
|
6,335,117
|
| Alibaba |
|
|
| Current assets: |
|
|
| Accounts receivable due from related parties |
89,344
|
135,321
|
| Other related parties |
|
|
| Current assets: |
|
|
| Accounts receivable due from related parties |
$ 55,763
|
$ 42,530
|