Microblogging in China website. In February 2011, Tencent announced that its weibo registrations had exceeded 100 million. This threshold was officially passed by Sina Weibo in March 2011. However, according to iResearch's report on March 30, 2011, Sina Weibo took a commanding lead over its competitors, with 56.5% of China's microblogging market based on active users, and 86.6% based on browsing time. According to the China Internet Network Information Center, in the first half of 2011, Chinese weibo users increased from 63.11 million to 195 million. By July 2011, 40.2% Chinese Internet users and 34.0% Chinese mobile Internet users used weibo/microblogs. In Dec
Sina Weibo Class requirements. The Sina Weibo financial report in February 2013 showed that its total revenue was approximately US$66 million and the number of registered users exceeded the 500 million mark. In April 2013, Sina officially announced that Sina Weibo had signed a strategic cooperation agreement with Alibaba. The two sides conducted in-depth cooperation in areas such as user account interoperability, data exchange, online payment, and internet marketing. At the same time, Sina announced that Alibaba, through its wholly owned subsidiary, purchased the preferred shares and common shares issued by Sina Weibo Company for US$586 million, which accounted for approximately 18%