SINA WEIBO PLANS IPO

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A woman prepares to load the Weibo app on her smartphone in New York on Tuesday, March 18, 2014.  Sina Weibo, China's largest microblogging site has filed paperwork  to raise $500 million in an initial public offering. Considered the Chinese equivalent of Twitter, Weibo has over 129 million users, an increase of 77 percent over the last two years. Besides Weibo, Alibaba, the Chinese shopping site is reported to be planning their own IPO although it has not filed paperwork yet.  (© Richard B. Levine)
A woman prepares to load the Weibo app on her smartphone in New York on Tuesday, March 18, 2014. Sina Weibo, China's largest microblogging site has filed paperwork to raise $500 million in an initial public offering. Considered the Chinese equivalent of Twitter, Weibo has over 129 million users, an increase of 77 percent over the last two years. Besides Weibo, Alibaba, the Chinese shopping site is reported to be planning their own IPO although it has not filed paperwork yet. (©...
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