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
Internet in China Chinese social media sites. The Chinese government makes it impossible for foreign companies to enter the Chinese social media network. Without access to the majority of social media platforms used elsewhere in the world, the Chinese have created their own networks, just like Facebook, Myspace, Youtube, and Foursquare – but with more users – which is why every global company needs to pay attention to these sites. Some Chinese famous social medias are Sina Weibo, Tencent Weibo, Renren, PengYou, QQ, Douban etc. The rapidly increasing number of Internet users in China has also generated a large online shopping base in