Microblogging in China Microblogging in China Weibo (微博) is the Chinese word for "microblog". It refers to mini-blogging services in China, including social chat sites and platform sharing. Weibo uses a format similar to its American counterpart Twitter, but used almost exclusively by Chinese language speakers; this has a direct impact on features such as hashtags on Sina Weibo and Tencent Weibo, which both employ a double-hashtag "#HashName#" method, since the lack of spacing between Chinese characters necessitates a closing tag. Internet users can set up real-time information sharing communities individually, and upload and update information in 140 character blocks. A major difference
Sina Weibo 313 million monthly active users and 139 million daily active users; In combination with the critical time nodes for the development of Weibo, let us tentatively divide the growth of Weibo from its birth into three stages, namely; On 9 April 2013, Alibaba Group announced that it would acquire 18 percent of Sina Weibo for $586 million, with an option to buy up to 30 percent in the future. When Sina Weibo went to NASDAQ, Alibaba exercised the option. Now Alibaba owns 32 percent of Sina Weibo. According to iResearch's report on 30 March 2011, Sina Weibo had 56.5% of