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| VIEW EVENT INFORMATION: Sina |
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Weibo’s IPO May Underwhelm, But Don’t Discount Other Chinese Tech Stocks |
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About the organization Sina:
Type: Business
Sub-Types: Website, Online News, Online Press |
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Notable Organizations: Sina, Techcrunch
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| Weibo, the influential microblogging service owned by Sina, has reportedly raised just $285.6 million in its initial public offering, according to Bloomberg. The service’s underwhelming IPO, however, should not be taken as a harbinger of doom for other Chinese tech companies that plan to list soon on U.S. stock exchanges. |
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