Weibo.com Biography & Web Analysis

Sina Weibo is a Chinese microblogging (weibo) site. Launched by Sina Corporation on 14 August 2009, it is one of the greatest social media platforms in China, with more than 445 million monthly active users as of Q3 2018. The platform has been a huge financial success, with surging stocks, lucrative advertising deals and high income and total profit per quarter. At the beginning of 2018, it surpassed the US$30 billion market valuation mark unexpectedly. 

In March 2014, Sina Corporation reported a side project of Sina Weibo as a different element called simply "Weibo", and recorded an IPO under the symbol WB. Sina cut out 11% of Weibo in the IPO, with Alibaba owning 32% post-IPO. The company started trading publicly on 17 April 2014. In March 2017, Sina launched Sina Weibo International Version. In November 2018, Sina Weibo suspended its enrollment work for minors younger than 14. In July 2019, Sina Weibo reported that it would launch a two-month campaign to tidy up pornographic and vulgar information, named "Project Deep Blue". On 29 September 2020, the organization announced to go private again because of rising tensions between the US and China. Sina Weibo had had gone public on the Nasdaq in 2000. In June 2020, Sina Weibo arrived at 523 million active monthly users. Sina Weibo has attracted criticism over controlling its users. 

After the July 2009 Ürümqi riots, China shut down most domestic microblogging services, including Fanfou, the very first weibo service. Many popular non-China-based microblogging services like Twitter, Facebook, and Plurk have since been impeded. Sina Corporation CEO Charles Chao considered this to be an opportunity,[19][20] and on 14 August 2009, Sina launched the tested version of Sina Weibo. Basic functions including message, private message, comment and reposting were made available that September. A Sina Weibo–viable API platform for growing third-party applications was launched on 28 July 2010.In April 2013, Sina officially reported 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 reported that Alibaba, through its wholly owned subsidiary, had bought the preferred offers and normal shares issued by Sina Weibo Company for US$586 million, which accounted for approximately 18% of Weibo's fully diluted and diluted total offers.