Related News
Sina invests in Weibo
By Cathy Ding |
February 29, 2012, Wednesday
|
Print Edition
Print Edition
SINA Corp said it will invest US$160 million in Weibo this year and launch a self-service advertising system to enterprise microblogging account owners as it seeks to make a profit from the popular Weibo service.
The investment will be used to upgrade infrastructure and build the advertising system, CEO Charles Chao said in a conference call yesterday, without elaborating further.
Weibo, touted as the Chinese version of Twitter, now has 300 million registered users and the number of daily active users is around 9 percent of the total user base.
Chao has said he hoped Weibo will host 1 million enterprise accounts by the end of this year, from 130,000 now.
The investment will be used to upgrade infrastructure and build the advertising system, CEO Charles Chao said in a conference call yesterday, without elaborating further.
Weibo, touted as the Chinese version of Twitter, now has 300 million registered users and the number of daily active users is around 9 percent of the total user base.
Chao has said he hoped Weibo will host 1 million enterprise accounts by the end of this year, from 130,000 now.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
