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| General Information |
| Business: |
Weibo is a leading social media platform for people to create, distribute and discover Chinese-language content. By providing an unprecedented and simple way for Chinese people and organizations to publicly express themselves in real time, interact with others on a massive global platform and stay connected with the world, Weibo has had a profound social impact in China. Since our inception four years ago, Weibo has amassed a large user base in China and in Chinese communities in more than 190 countries. In December 2013, Weibo had 129.1 million MAUs and 61.4 million average DAUs, increasing from 96.7 million MAUs and 45.1 million average DAUs in December 2012, respectively, and 72.9 million MAUs and 25.2 million average DAUs in December 2011, respectively. A microcosm of Chinese society, Weibo has attracted a wide range of users, including ordinary people, celebrities and other public figures, as well as organizations such as media outlets, businesses, government agencies and charities. |
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| Industry: |
COMPUTER PROGRAMMING, DATA PROCESSING |
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| Employees: |
2,043 |
Founded: |
2009 |
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| Contact Information |
| Address: |
7/F, Shuohuang Development Plaza, No. 6 Caihefang Road, Haidian District, Beijing, 100080, CN |
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| Financial Information |
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| Revenues: |
$ 188.3 mil (last 12 months) |
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| Net Income: |
$ -38.1 mil (last 12 months) |
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| IPO Profile |
| Symbol: |
WB |
| Shares (millions): |
16.8 |
| Price Range: |
$17.00 - $17.00 |
| Est.$ Volume |
$ 285.6 mil |
| Manager / Joint Managers |
Goldman Sachs (Asia)/ Credit Suisse |
| Co Managers |
Morgan Stanley/ Piper Jaffray/ China Renaissance |
| Expected to Trade |
4/17/2014 |
| Status |
Priced |
| SCOOP RATING |
Available only to Subscribers |
| RATING CHANGE |
Available only to Subscribers |
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