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 act was requested by the “Network(Cyber) Security Law.” However, it is unclear which “Network Security Law” Weibo was referring to. In the newest edition of “People's Republic of China Network(Cyber) Security Law” put into effect on June 1, 2017 by the government, media related to pornography is banned, yet the issue of homosexuality is not mentioned. It remains unclear if Weibo’s decision reflects its company’s own discrimination against the LGBTQ community, or if it foreshadows the government’s future policy against this group. Weibo’s announcement led to the anger of China’s LGBTQ community as well as many other Chinese citizens. A