Weibo

IPO

微博北美站

Public · Beijing, China · Founded 2009 · $585.8M raised

Headquarters
Beijing
Employees
1001–5000
Founded
2009
Business Model
B2C
Website
weibo.com
Total Funding
$585.8M
Last Round
$585.8M Corporate RoundApr 2013
Rounds
1
Type
Public

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Weibo, also known as Sina Weibo, is a Chinese microblogging platform launched by Sina Corporation on August 14, 2009. It is one of China's largest social media platforms, combining public self-expression with tools for social interaction, content aggregation, and content distribution; users can post text, images, and video and follow other accounts to build networks. Weibo was carved out from Sina in a 2014 IPO on NASDAQ under the ticker WB, with Alibaba as a major shareholder. The platform has hundreds of millions of monthly active users and is widely used by celebrities, media organizations, businesses, and government agencies for public communication in China.

Summary

Weibo is a SaaS company based in Beijing, China, founded in 2009. It has raised $585.8M in total across 1 round, most recently a $585.8M Corporate Round in Apr 2013. Investors include Alibaba Group.

Tech & App Stack

1 technology or app tracked

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Funding History

IPOApr 2014
$285.6M

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Funding: Corporate Round. Amounts, valuations, and investors where available.

Investors

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