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
Homosexuality in China Weibo user called “"Zhu Ding Zhen" 竹顶针” made a post, saying, “"I am gay, what about you?" 我是同性恋，你呢？” This post was read more than 2.4 billion times and shared by about 3 million users, commented by 1.5 million users, and liked by 9.5 million users in less than 3 days. On April 16, Weibo posted another announcement to reverse its previous decision, stating that Weibo would stop banning pieces of contents related to homosexuality and expressed thanks to its users’ “discussions” and “suggestions.” Adult, consensual and non-commercial homosexuality has been legal in China since 1997, when the national penal code