Sina Weibo Sina Weibo Sina Weibo () is a Chinese microblogging (weibo) website. Launched by Sina Corporation on 14 August 2009, it is one of the most popular social media platforms in China. As of Q3 2018, Sina Weibo has over 445 million monthly active users, with surging stocks, advertising sales, revenue and total earnings in the quarter. At the start of 2018, it surpassed US$30 billion market valuation mark for the first time. In March 2014, Sina Corporation announced a spinoff of Weibo as a separate entity and filed an IPO under the symbol WB. Sina carved-out part 11% of Weibo
Sina Weibo 313 million monthly active users and 139 million daily active users; In combination with the critical time nodes for the development of Weibo, let us tentatively divide the growth of Weibo from its birth into three stages, namely; On 9 April 2013, Alibaba Group announced that it would acquire 18 percent of Sina Weibo for $586 million, with an option to buy up to 30 percent in the future. When Sina Weibo went to NASDAQ, Alibaba exercised the option. Now Alibaba owns 32 percent of Sina Weibo. According to iResearch's report on 30 March 2011, Sina Weibo had 56.5% of