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Sina Corporation SINA

Sina is a leading online media company in China, established in 1998. In 2009, Sina launched the first Twitter-like social media platform in China, Weibo, which has reached 361 million monthly active users and 159 million daily active users. Sina holds 46% of shares and has 72% voting power in Weibo, and Alibaba holds 31.4% of shares and 14.8% voting power. About 85% of net revenue is from online advertising, with 29.5% from portal advertising and 55.4% from Weibo advertising.


NDAQ:SINA - Post by User

Bullboard Posts
Post by globalchineseon Jul 05, 2003 4:17pm
270 Views
Post# 6222000

The Future of Sina will be bright!

The Future of Sina will be bright!In China, about 60 Million people are now online, but the worldwide Chinese speaking community may well exceed 90 million people. It's exciting looking back to May 2000 while Sina was priced around $30 to $35 for just about 10 Million online users. At that moment, Sina not only still lost money, it did not yet enter into the highly profitable online game market, where it now earns more than 70%. Sina started to makte profit on Q4 of last year, 2002 and continued to increase its profit share. https://corp.sina.com.cn/eng/sina_rela_eng.htm According to hypothesis and taking into accout mobile iMode opportunities and cable connections, Chinese Internet users migth well exceed 750 Million by end 2006! From this point of view, the potential of Sina still may be over tenfold from now.
Bullboard Posts