NEW YORK, April 17, 2014 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced that trading of Weibo Corporation (Nasdaq:WB), a leading social media platform in China that allows users to create, distribute and discover Chinese-language content, commenced on The NASDAQ Global Select Market on April 17, 2014.
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Since 2009, Weibo has amassed a large user base in China and in Chinese communities in more than 190 countries. As a microcosm of Chinese society, Weibo has attracted a wide range of users, including ordinary people, celebrities and other public figures, as well as organizations such as media outlets, businesses, government agencies and charities.
"Weibo is pioneering a new online experience in China by enabling users with the means of real-time public expression on a powerful platform for social interaction and content aggregation and distribution," said Bob Greifeld, CEO of NASDAQ OMX. "NASDAQ is proud to welcome Weibo to our family of listed-companies; Weibo embodies the innovative and progressive nature inherent at The NASDAQ Stock Market."
Since its founding 43 years ago, NASDAQ has been the exchange of choice for the some of the world's largest and most revolutionary companies. NASDAQ is home to over 70 percent of technology companies listed on U.S. exchanges.
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NASDAQ OMX (Nasdaq:NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 80 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,200 listed companies with a market value of over $8 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaqomx.com.
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