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
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