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:
Uniform Commercial Code (UCC) 1  Collection of laws dealing with commercial business. 2  A template for a law governing the transfer of personal property, commercial goods, and other property (though generally excluding real estate).