9 IPOs launched by Chinese companies in US this year
Updated: 2014-06-18 07:37 (chinadaily.com.cn)6. Weibo
On April 17, Weibo Corporation made its debut on the Nasdaq Stock Market and raised $3.46 billion.
Weibo, a leading social media platform for people to create, distribute and discover Chinese-language content, has had a profound social impact in China. It is a Beijing-based microblogging service owned by Sina Corp and Alibaba Group Holding Ltd. In March, the company had 143.9 million monthly active users and 66.6 million average daily active users, according to a statement released by the company.
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Weibo logo is seen at the Nasdaq MarketSite in Times Square in celebration of its initial public offering in New York on April 17, 2014. [Photo/Agencies] |
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