Beijing Weimeng Chuangke Network Technology Co., Ltd., Weibo, formerly known as Sina Weibo, is a well-known social media in China, an important source for media monitoring and tracking breaking news, the Chinese version of Twitter, and a personality platform for the public to express themselves
Beijing Weimeng Chuangke Network Technology Co., Ltd. is an independent registered company of Sina Weibo, registered in Haidian District, Beijing on October 11, 2010.
On the evening of March 27, 2014, the LOGO in the upper left corner of Sina Weibo was quietly replaced, and the original word "Sina" disappeared, but was replaced by the word "Weibo" with a larger font size. Up to now, the title "Sina Weibo" has been used for more than 4 years.
On March 15, 2014, Sina Weibo officially submitted listing application documents to the U.S. Securities and Exchange Commission, planning to raise US$500 million, which is an important step towards going public. According to the prospectus, among the institutional shareholders of Sina Weibo, Sina Group holds 140 million shares, accounting for 77.6%; Alibaba holds 34.89 million shares, accounting for 19.3%. In the prospectus, the name of Sina Weibo is "Weibo Corporation", and the text on the logo is only "weibo".
Some analysts pointed out that Sina Weibo changed its name to Weibo, mainly to dilute the color of "Sina" and highlight its independence as a social platform company, which also helps to be recognized by investors.
Although Weibo not only includes Sina Weibo, but also Tencent, Sohu, NetEase, People, Hexun, etc., the renaming of "Sina Weibo" to "Weibo" seems to demonstrate that the entire Weibo market is now Sina's world.
There is almost no suspense in the Weibo market, including Tencent, Sohu, NetEase and other players are almost all out. The focus of Tencent's Weibo business has shifted significantly, and some of Tencent's Weibo business personnel have been transferred to Weishi. Tencent's Weibo, which rivaled Sina Weibo earlier, also launched a microblog on Sina on March 21.
Sohu's Weibo business is even more bleak, Zhang Chaoyang has begun to firmly do the video business, no longer mentioning Weibo, and Fang Gang, the head of Sohu Weibo, has also turned to the news client. NetEase Weibo has all but disappeared, and NetEase has shifted its focus to easyMarkets.
Sina Weibo was born in 2009, and from its birth to 2010, Sina has applied for the trademarks of "Weibo", "Bib" and "Weibo". In 2011, Sina continued to file trademark applications for "Weibo" and "Weibo" in the United States.
Sina Weibo's domain name has also undergone two changes, at the beginning of its inception, its domain name was the second-level domain name of Sina.com:t.sina.com and in 2011 the domain name was changed to weibo.com, and Sina is said to have spent millions of dollars to buy the domain name.
Sina Weibo is an information sharing and communication platform that provides entertainment and leisure life services for the public. Sina Weibo started internal testing on August 14, 2009. On September 25, Sina Weibo officially added the @ function and private message function, in addition to providing "comment" and "forward" functions for users to communicate.
Scope of business
Internet information service business (except for news, publishing, education, health care, medicine, medical devices) (telecommunications and information service business license, valid until August 10, 2015). technology development, technology transfer, technical consulting, technical services; designing, producing, acting and publishing advertisements; computer system services; Data processing; basic software services; Application Software Services. (Except for projects that have not obtained administrative licenses)
