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.
A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=24844
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.
Cautionary Note Regarding Forward-Looking Statements
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding NASDAQ-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
About The NASDAQ OMX Group
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.
The photo is also available via AP PhotoExpress.
Source:The NASDAQ OMX Group, Inc.