China’s Twitter-like service Weibo went IPO on Apr 17 in the US and its shares jumped 19%

New York (AFP) – Sina Weibo, China’s answer to Twitter, debuted on the Nasdaq exchange Thursday with a 19.1 percent jump despite an IPO that went out undersubscribed and lower priced than hoped. In a spate of buying that suggested that Wall Street’s waters are still welcoming to loss-making technology high flyers, and to Chinese [...]

Sina Weibo Rebranded Itself as Weibo

China’s largest microblog platform, Sina Weibo, which is preparing to launch an initial public offering in the US, has rebranded. The company posted its decision to drop the first part of its name on its own microblog (registration in Chinese). “Goodbye Sina Weibo. Hello Weibo!” the company wrote on March 28. By changing its name [...]

Sina Weibo files for $500 million U.S. IPO

(Reuters) – Twitter-like messaging service Weibo Corp filed on Friday to raise $500 million via a U.S. initial public offering, as Chinese companies flock to the American market in record numbers to take advantage of soaring valuations. Weibo, owned by Sina Corp, becomes the latest Chinese Internet giant to tap U.S. markets, following on the heels of [...]

US should revisit media policy on China in light of growing Chinese digital media industry

Chinese protectionism in the digital media sphere has created a major underdiscussed trade gap between China and the United States, and the U.S. government must place more pressure on the Chinese government to open up the nation’s media to foreign competition, according to a new paper from Rice University’s Baker Institute for Public Policy. The [...]

Sina Weibo has grown to 60.2 million daily active users among its 600 million registered users

Sina (NASDAQ:SINA) released its Q3 earnings report overnight, revealing that its Twitter-like Weibo saw growing revenues. In the post-earnings conference call, Sina CEO Charles Chao revealed that Weibo’s daily active users grew 11.2 percent to reach 60.2 million from June to September. That’s better than the 8.3 percent rise in daily actives during Q2. Chao [...]

Glogou Announces “Across the Great Wall” China Marketing Technologies and Services That Break Down the Barriers to Reaching the Growing China Market

SANTA CLARA, CA, Aug 07, 2013 (Marketwired via COMTEX) — Glogou Inc, a Silicon Valley technology marketing company that specializes in digital marketing, today announced the availability of Across the Great Wall, a suite of turnkey digital marketing solutions that breaks down the barriers for marketing in China. By offering innovative technologies that overcome the [...]

“Weibo-Taobao” platform will be on Launched on Aug 5, 2013

A few months after Chinese e-commerce giant Alibaba grabbed 18 percent of Twitter-like microblogging platform Sina Weibo with a $586 million investment, the two have teamed up to launch a “Weibo-Taobao” platform to make it easier for customers on Weibo to shop on e-commerce site Taobao. The collaboration basically allows users to buy products directly [...]

Sina Weibo is Still Powerful Despite Zombies

According to the Wall Street Journal, a recent study from Hong Kong University found that over 57% of the 500 million-plus registered users on Sina Weibo, China’s favorite microblogging service, may be “zombie” accounts that post no original tweets. The study further found that just over 10% of users appear active in a given week, [...]

How Many People Really Use Sina Weibo Among its 500 Million Users?

China’s most beloved microblog, Sina Corp.’s Weibo is often described as a virtual town square where Chinese people can publicly discuss issues from politics to pop stars with a level of freedom not available elsewhere in the country. If that’s the case, a new study suggests the square isn’t nearly as full as it might [...]

Weibo and Weixin(WeChat): Coexistence due to Complimentary functionalities

Weixin and Weibo have been in the spotlight in the past two years due to their rapid growth and head-to-head competition with each other in China’s social media market. Weibo and Weixin(WeChat), who is going to be the winner? This article offered great insight. Highlights: Weibo offers a unique combination of Facebook in function and [...]