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
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