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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Total revenues $ 1,759,836 $ 1,836,332 $ 2,257,083
Costs and Expenses      
Cost of revenues 374,279 400,585 403,841
Sales and marketing 461,421 477,107 591,682
Product development 333,628 415,190 430,673
General and administrative 117,574 52,806 133,475
Impairment of intangible assets   10,176  
Total costs and expenses 1,286,902 1,355,864 1,559,671
Income from operations 472,934 480,468 697,412
Income (loss) from equity method investments 13,392 (24,069) 14,217
Realized gain (loss) from investments (766) 1,591 3,243
Fair value changes through earnings on investments, net 43,002 (243,619) (72,787)
Investment-related impairment and provision (23,642) (71,081) (106,800)
Interest income 118,209 105,434 77,280
Interest expense (120,070) (71,598) (71,006)
Other income (loss), net (277) (49,040) 9,159
Income before income tax expenses 502,782 128,086 550,718
Less: income tax expenses 145,287 30,277 138,841
Net income 357,495 97,809 411,877
Less: Net income (loss) attributable to non-controlling interests and redeemable non-controlling interests 2,095 12,254 (16,442)
Accretion to redeemable non-controlling interests 12,802    
Net income attributable to Weibo's shareholders 342,598 85,555 428,319
Other comprehensive income (loss)      
Currency translation adjustments (for which there were no taxes) (114,683) (261,729) 78,196
Total comprehensive income (loss) 242,812 (163,920) 490,073
Less: comprehensive income (loss) attributable to non-controlling interests and redeemable non-controlling interests 15,291 10,197 (15,652)
Comprehensive income (loss) attributable to Weibo's shareholders $ 227,521 $ (174,117) $ 505,725
Shares used in computing net income per share attributable to Weibo's shareholders:      
Basic (in shares) 235,560 235,164 228,814
Diluted (in shares) 239,974 236,407 230,206
Income per share:      
Basic (in dollars per share) $ 1.45 $ 0.36 $ 1.87
Diluted (in dollars per share) $ 1.43 $ 0.36 $ 1.86
Advertising and marketing revenues      
Revenues:      
Total revenues $ 1,534,014 $ 1,596,650 $ 1,980,795
Advertising and marketing revenues | Third parties      
Revenues:      
Total revenues 1,344,354 1,392,723 1,633,242
Advertising and marketing revenues | Other related parties      
Revenues:      
Total revenues 32,733 40,524 69,953
Advertising and marketing revenues | Alibaba | Related party      
Revenues:      
Total revenues 111,608 107,197 181,241
Advertising and marketing revenues | SINA | Related party      
Revenues:      
Total revenues 45,319 56,206 96,359
Value-added services revenues      
Revenues:      
Total revenues $ 225,822 $ 239,682 $ 276,288