) (新浪微博) is a Chinese microblogging
) website and one of the biggest social media platforms
. 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 in the IPO
, and Alibaba
owned 32% post IPO
. The company began trading publicly on 17 April 2014.
In March 2017, Sina launched Sina Weibo International Version. The superiority is its clean, concise user interface design, as well as ad-free
feature. The volume of this new version of Weibo is very small, only occupies one-fifth space of the original Weibo, but it still keeps previous functions. Read more...