Sina Weibo is a Chinese microblogging website launched in 2009 that had over 500 million registered users and 61 million daily active users as of 2013. It filed for a $500 million US IPO in March 2014, giving it a valuation between $3.3-7 billion. While it grew rapidly after its 2009 launch and a user surpassed 100 million by 2011, it has faced increasing competition from other social media like WeChat in recent years.

1. Sina Weibo
Presented by: Zijiang Yang

2. What is Weibo?

3. Financial Info
• Filed on Mar.14
to raise $500
million via a US
IPO.
• Value between
$3.3 billion to
$7 billion
2012 2013
revenue(million dollars)
65.9
188.3
2012 2013
net loss (million dollars)
102.5
38.1

4. History
• July 2009 Urumqi Riots
• Tested version launched on 14 August 2009
• Registered user surpassed 100 million before
March 2011
• 9 April 2013, Alibaba announced to acquire 18%
of Sina Weibo
• Over 500 million registered users and 61 million
daily active users, as of 2013

5. What’s hot?
• Going public in US
• Drops ‘Sina’ from its name

6. Secrete Sauce
• Low barrier to entry
• Can post images and video, even sound, directly
into their Weibo feeds.

7. Interesting Story
• Commenting feature shut off from Mar.31, 2012
to April.3rd, 2012.

8. Competition

9. Future
• More competition with Wechat

10. Questions