Sina Weibo China's microblogging market based on active users and 86.6% based on browsing time over competitors such as Tencent Weibo and Baidu's services. The top 100 users had over 485 million followers combined. Furthermore, Sina said that more than 5,000 companies and 2,700 media organizations in China use Sina Weibo. The site is maintained by a growing microblogging department of 200 employees responsible for technology, design, operations, and marketing. Sina executives invited and persuaded many Chinese celebrities to join the platform. The users of Sina Weibo include Asian celebrities, movie stars, singers, famous business and media figures, athletes, scholars, artists, organizations,
Sina Weibo new "close friend" function enhanced the private social circle; In February 2013, the company reported total revenue of about 66 million us dollars, with more than 500 million registered users and 46.2 million daily active users; In April 2013, Alibaba acquired an 18% stake in Sina Weibo; In August 2013, Sina Weibo Taobao was launched to realize account sharing; In March 2014, sina weibo was renamed "weibo"; In April 2014, weibo was listed on Nasdaq; In November 2016, the 140-character limit for the release of the publisher was limited to less than 2,000 words; In December 2016, Sina Weibo posted