Alibaba Acquires 18% of China’s Twitter-Like Weibo From Sina

Alibaba Acquires 18% of China’s Twitter-Like Weibo From Sina

Nelson Ching/Bloomberg

The Sina Corp. weibo microblog website is displayed on a computer in Beijing. The number of registered users on Sina’s Weibo rose 73 percent last year to 503 million, according to the company.