But Weibo now has more than $1 billion in cash in its coffers and American investment firm Piper Jaffray upgraded its target for Sina's stock to $95, estimating that Weibo is worth $6 billion. Valuations are an inexact science, of course, …
Shares of Chinese social network Weibo (NASDAQ: WB) have surged 185% this year, fueled by five straight quarters of accelerating year-over-year sales growth. Wall Street expects the company's revenue and non-GAAP earnings to …
Sina’s shares have more than doubled since the beginning of the year, far outpacing a 20 percent gain in the Nasdaq Composite Index, but Aristeia said the stock still trades at a large discount to its net asset value and the recent gains …
In the words of Dr. Song Li, an investment banker turned entrepreneur who sold …
Chinese social media giant Sina Weibo overtook its U.S. counterpart Twitter in market capitalization for the first time ... which is listed on the New York Stock Exchange, stood at about 11.22 billion U.S. dollars at the same time. It is the …
SINA Weibo, China's answer to Twitter ... We do not actually care too much about the temporary price for the stock. "If we can over the longer term keep executing our strategies and innovating in a very focused way, we can create shareholder …
Wu Hong—EPA By Kevin Kelleher July 8, 2015 The great Chinese stock bubble of 2015 has ... has lost 10% of its value in the past two days. Sina has fallen 15% while its peers in the online-media industry have slipped further: Yoku down …
When a business can build their own mobile apps, integrate Twitter, Instagram, YouTube, Sina and more with payment services ... and algorithms used to identify unusual activity in stock, options, and futures markets. optionMONSTER, an …