Weibo Corporation announced that Mr. Bo Liu has been appointed as a director to the Board of Directors of the Company and Mr. Pen Hung Tung has resigned from the Board, effective as of August 23, 2023. Mr. Liu is currently the President of Alibaba?s Taobao and Tmall Group, Alimama, and Xianyu. He was appointed as the Vice President of Alibaba Group in March 2020.

He joined Alibaba in 2005 and held various positions, including the President of Taobao University, General Manager of Juhuasuan, and General Manager of Tmall?s Operations Division. Mr. Liu received his bachelor?s degree in Aviation Mechanical Design from Zhengzhou University of Aeronautics and held an EMBA degree in Business Administration from the Chinese University of Hong Kong.