VIEW EVENT INFORMATION: Weibo
Weibo’s IPO May Underwhelm, But Don’t Discount Other Chinese Tech Stocks
APR
17
Status: Available Now!
Type: News
Date: Thursday 17 April 2014, 12:51 PM
Media: Techcrunch

SOURCE
About the organization Weibo:
Type: Business
Sub-Types: Website, Blogging, Microblogging, Text Hosting Agent, Application Software, Telecommunication Software
Notable Organizations: Weibo, Techcrunch
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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