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1. • • Nasdaq-listed Weibo chairman and a Chinese state investor plan to take China’s answer to Twitter private, sources told Reuters. A deal could value Weibo at more than $20 billion, facilitate shareholder Alibaba’s exit and see Weibo eventually relist in China to capitalize on higher valuations, the sources said.
     www.cnbc.com/2021/07/06/weibo-chairman-state-firm-reportedly-plan-to-take-chinas-twitter-private.html

     Weibo, China’s Twitter rival, plans to go private amid tech ...

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   Will Weibo relist in China?

   • Weibo chairman Charles Chao and a state investor are in talks to take the Chinese company private. A deal could value Weibo at more than $20 billion, facilitate shareholder Alibaba’s exit and see Weibo eventually relist in China to capitalize on higher valuations, the sources said.

   Weibo, China's Twitter rival, plans to go private - CNBC

   www.cnbc.com/2021/07/06/weibo-chairman-state-firm-reportedly-plan-to-take-chinas-twitter-private.html

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   Will Weibo take China's answer to Twitter private?

   • Nasdaq-listed Weibo Corp’s chairman and a Chinese state investor plan to take China’s answer to Twitter private, sources told Reuters news agency, sending Weibo’s shares as much as 50 percent higher on Tuesday.

   Weibo, state firm plan to take China’s Twitter private: Report

   www.aljazeera.com/economy/2021/7/6/weibo-state-firm-plan-to-take-chinas-twitter-private-report

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   How many Chinese people use Weibo?

   • More than 500 million Chinese people use Weibo to opine on everything from Korean soap operas to China’s latest political intrigue. Alibaba acquired an 18 percent stake in Weibo in 2013 via a $586m investment as its first big move into selling advertisements on China’s social networks. It has since raised its stake.

   Weibo, state firm plan to take China’s Twitter private: Report

   www.aljazeera.com/economy/2021/7/6/weibo-state-firm-plan-to-take-chinas-twitter-private-report

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   Will Alibaba's 'mooted deal' leave Weibo?

   • E-commerce giant Alibaba has invested in nearly 30 media and entertainment firms including Hong Kong’s flagship English-language newspaper South China Morning Post, Refinitiv data shows. Chao’s mooted deal would likely see it exit Weibo, two of the sources told Reuters news.

   Weibo, state firm plan to take China’s Twitter private: Report

   www.aljazeera.com/economy/2021/7/6/weibo-state-firm-plan-to-take-chinas-twitter-private-report

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   Does Weibo work in China?

   • Imagine using Twitter, but every time you tweet, your location is also posted for all to see. That's what Weibo users in China are waking up to today. Weibo is effectively Twitter for China, and it's extremely popular with over 570 million active users signed up to the service.

   China's Version of Twitter Starts Publicly Sharing Every User's

   www.pcmag.com/news/chinas-version-of-twitter-starts-publicly-sharing-every-users-location

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   Is Weibo accessible in China?

   • Since Facebook, Twitter, Instagram, Quora, and most social media platforms in the West are blocked in China, people use Weibo and WeChat as alternatives. Weibo is a very public and open platform where people in China can post essentially anything in contrast to WeChat.

   Do people use QQ or Weibo? - Quora

   www.quora.com/do-people-use-qq-or-weibo

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3. www.aljazeera.com › economy › 2021/7/6Weibo, state firm plan to take China’s Twitter private: Report

   www.aljazeera.com › economy › 2021/7/6

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   • Beijing Drive
   • Regulatory Crackdown
   • Fierce Competition

   Three separate sources with knowledge of the matter told Reuters news the plans stem from Beijing’s drive to have Alibaba Group Holding Ltd and affiliate Ant divest their media holdings to rein in their sway over Chinese public opinion. All the Reuters news sources declined to be named due to confidentiality constraints. Reuters news reported in Fe...

   See full list on aljazeera.com

   Beijing has looked to rein in Chinese billionaire Jack Ma’s Alibaba business empire by unleashing a series of investigations and new regulations since last year. The crackdown followed Ma’s public criticism of regulators in a speech in October last year and has swept across China’s money-spinning internet sector in recent months. E-commerce giant A...

   See full list on aljazeera.com

   Weibo has grown at a fast clip since its launch in 2009 in a market where Twitter is blocked by the government. More than 500 million Chinese people use Weibo to opine on everything from Korean soap operas to China’s latest political intrigue. Alibaba acquired an 18 percent stake in Weibo in 2013 via a $586m investment as its first big move into se...

   See full list on aljazeera.com

4. ca.finance.yahoo.com › news › exclusive-weiboExclusive-Weibo chairman, state firm plan to take China's ...

   ca.finance.yahoo.com › news › exclusive-weibo

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   Jul 6, 2021 · A deal could value Weibo at more than $20 billion, facilitate shareholder Alibaba's exit and see Weibo eventually relist in China to capitalise on higher valuations, the sources said. Chairman...

5. finance.yahoo.com › news › exclusive-weibo-chairmanExclusive-Weibo chairman, state firm plan to take China's ...

   finance.yahoo.com › news › exclusive-weibo-chairman

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   Jul 6, 2021 · A deal could value Weibo at more than $20 billion, facilitate shareholder Alibaba's exit and see Weibo eventually relist in China to capitalise on higher valuations, the sources said.

6. www.asiaone.com › money › weibo-chairman-state-firmWeibo chairman, state firm plan to take China's Twitter ...

   www.asiaone.com › money › weibo-chairman-state-firm

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   Jul 7, 2021 · A deal could value Weibo at more than $20 billion (S$27 billion), facilitate shareholder Alibaba's exit and see Weibo eventually relist in China...

7. www.gadgets360.com › social-networking › newsWeibo Chairman, State Firm Said to Plan Taking China's ...

   www.gadgets360.com › social-networking › news

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   Jul 7, 2021 · A deal could value Weibo at more than $20 billion (roughly Rs. 1,49,450 crores), facilitate shareholder Alibaba's exit and see Weibo eventually relist in China to capitalise on higher valuations, the sources said.

8. www.theglobeandmail.com › business › technologyWeibo chairman, state investor plan to take the Chinese ...

   www.theglobeandmail.com › business › technology

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   Jul 6, 2021 · A deal could value Weibo at more than US$20-billion, facilitate shareholder Alibaba Group Holding Ltd.’s exit, and see Weibo eventually relist in China to capitalize on higher valuations, the...