Sina Weibo in the IPO, and Alibaba owned 32% post IPO. The company began trading publicly on 17 April 2014. "Weibo" (微博) is the Chinese word for "microblog". Sina Weibo launched its new domain name weibo.com on 7 April 2011, deactivating and redirecting from the old domain, t.sina.com.cn to the new one. Due to its popularity, the media sometimes directly uses "Weibo" to refer to Sina Weibo. However, there are other Chinese microblogging/weibo services including Tencent Weibo (腾讯微博), Sohu Weibo (搜狐微博), and NetEase Weibo (网易微博). "Sina Weibo" is a Chinese microblogging (weibo) website and is one of the biggest social media platforms
Sina Weibo a large number of government departments, enterprises, and non-governmental organizations to open accounts on Sina Weibo, using it as a platform for publishing and communicating information. To avoid the impersonation of celebrity weibo, those celebrities' accounts would add an orange letter "V" and those organizations' accounts would add a blue letter "V". The orange letter "V" and the blue letter "V" are the real-name certifications for them to show the difference between ordinary users and micro-bloggers. However, the functions of weibo are the same for every user. Sina Weibo has more than 500 million registered users; there are 313 million