(MENAFN)
Weibo, Chinese social media company posted high user performances in the 2nd quarter of the current year as the company carries on upgrading and improving its user products.
According to the company's unaudited financial results released on Monday monthly active users of the company reached 486 million by the end of June, adding around 55 million users since the past year.
The average of the daily active users has gone up to 211 million at the end of the 2nd quarter, increasing 21 million users in comparison with the same period of the past year.
Wang Gaofei, Weibo CEO, said that the high user growth is attributed to strong social network effects along with the company's consistent efforts in user product upgrade and optimization.
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