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Sina to Roll out Credit Payment Service for Weibo Users
Sina will soon launch a service to enable Weibo users to make online payments on credit, Dai Geng, vice GM of Sina Payments, told Nandu reporter (in Chinese). Zhong An, the online-only insurance company jointly...
- Posted 10 days ago
Sina Weibo Invested in WeChat-like Service WeMeet
Sina Weibo Fund announced that it has sealed a strategic cooperation agreement with WeMeet (Weimi in Chinese), a WeChat-like group messaging service developed by Hangzhou Kuyue Tech which Sina invested in (report in Chinese). Peng Shaobin, vice-president of...
- Posted 57 days ago
Sina Weibo Planning for IPO, Says CTO
Jack Xu, CTO of Sina, confirmed the latest rumor that Weibo, a Twitter-like service, was preparing for an IPO, according to a local newspaper Nandu (in Chinese). Earlier this week, a journalist with Sohu IT broke the...
- Posted 71 days ago
Sina Weibo, Home Appliance Maker Hisense Jointly Released Smart Air Conditioners To Tap IOT Sector
Sina Weibo and Hisense, a leading home appliance manufacturer, jointly released two smart air conditioners on Sept. 23 to make inroads into Internet of things (IOT) market. The new products will be open for preorder in the...
- Posted 72 days ago
Sina Reportedly Acquired Social Search Yun Yun
Yun Yun, a social search founded by former Google China executives in early 2012, has reportedly been acquired by Sina and would be merged into Sina Weibo. Liu Jun, lead of Yun Yun and former head of...
- Posted 87 days ago
Four Years Later, Sina Weibo Monetization Finally Taking off
Launched on August 28th, 2009, Sina Weibo has become the largest micro-blogging platform in China with more than 500 million registered users. It must have disappointed many that it hasn’t fundamentally change the political climate or...
- Posted 93 days ago
Sina’s Mobile Payments Gadget is Powered by Lakala, Opening for Pre-orders
One week ago we spotted a photo featuring a Sina Weibo logo-shaped smartphone plug. It turns out it indeed is a Square-like mobile payments gadget powered by Lalala, one of the leading digital payments services in...
- Posted 99 days ago
Sina Recorded 205% YoY Growth in Weibo Monetization in Q2 2013
Sina announced a 205% year-on-year growth in Weibo revenue in Q2 2013, while the company’s total revenues increased only by 19.7%. Weibo advertising generated $30 million, a 209% YoY increase and 60% QoQ growth. Other revenues from Weibo,...
- Posted 114 days ago