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What Drove Weibo’s Gross Margin in Q2 2018?

Amanda Lawrence
What Drove Weibo’s Gross Margin in Q2 2018?

What led to the gross margin growth of Weibo? Weibo’s (WB) cost of revenue rose 23% YoY to $61.8 million in the second quarter of 2018. Weibo’s gross profit increased by 80% YoY to $364.8 million in the second quarter of 2018.