Sina Weibo is in a different order of magnitude with 140 million users and 50 million active monthly users, Sina claims, with 10m new accounts signed up each month. Sina is hoping for significant revenue growth from Weibo in the next two years, reported China Daily late last month.
A ULC is a hybrid entity as it is treated as a corporation for Canadian tax purposes and can be treated as a flow-through or disregarded entity for US tax purposes. An ULC may be an attractive vehicle for a US investor expanding into Canada for reasons that may include:
UCC Filings and Personal Loans. The Uniform Commercial Code or âUCCâ, as it relates to lending, is a way for each state to have a consistent method of recording the security of a loan. When banks make secured loans, or loans with collateral (e.g., home mortgages), they file a UCC form with the state where the loan agreement is executed.