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
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