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China's Weibo overtakes Twitter in market capitalisation

China's Weibo overtakes Twitter in market capitalisation

In a surpise for the social media fraternity, Chinese microblogging website Weibo has for the first time overtaken Twitter with its market capitalisation hitting $11.3 billion, surpassing Twitter`s $11.1 billion market cap which is a difference of about $200 million.

Latest leaks hint at Xiaomi Mi Note 2 launch in September

Latest leaks hint at Xiaomi Mi Note 2 launch in September

In the latest, some leaks in the online space have sent strong hints about the most probable release date of Xiaomi Mi Note 2 launch date. If the information (in form of links), provided by Weibo, is to be believed, Mi Note 2 will be released on September 14. 

Happy birthday: Narendra Modi wishes China's Xi Jinping amid NSG deadlock

Happy birthday: Narendra Modi wishes China's Xi Jinping amid NSG deadlock

Prime Minister Narendra Modi posted the birthday greetings for Chinese President Xi Jinping in Mandarin on Weibo, the Chinese equivalent of Twitter.

China suspends over 580 social media accounts for spreading rumours

Chinese authorities have suspended more than 580 social media accounts for spreading rumours, confusing people or going against the constitution, the media reported on Saturday.

This Chinese woman flew solo on a flight and became 'world's luckiest passenger' - find out how

This Chinese woman flew solo on a flight and became 'world's luckiest passenger' - find out how

Zhang travelled solo on a China Southern flight from Wuhan to Guangzhou on Monday.

Watch: OMG! It's happening in communist China, women are grabbing their own breasts

Watch: OMG! It's happening in communist China, women are grabbing their own breasts

In a weird new social media trend in China, women are grabbing their own breasts to prove that they're skinny.

China`s blocking blitz: Social media messages censored

China`s blocking blitz: Social media messages censored

The full report includes examples of censored Weibo posts and an explanation of how they were tracked. 

Einstein lookalike becomes Internet celebrity in China

 A 68-year-old Professor in China with unruly hair and bushy moustache has become a minor Internet celebrity due to his resemblance to famous physicist Albert Einstein.

Weibo IPO below expectations, raises $285.6 mn: Report

In March, Weibo had estimated the value of its IPO at as much as USD 500 million.

Weibo IPO could value company at about $1.66 billion

The IPO is expected to raise about $380 million at the top end of the expected price range.

Weibo seeks to raise at least $340 mn in US IPO

The microblogging service Weibo -- often described as China`s version of Twitter -- will raise at least USD 340 million in its US stock offering, an updated filing showed Friday.

China's Twitter ' Weibo' to list on US stock market

As major social networking firms such as Facebook and Twitter have been blocked in China, domestic companies have benefitted the most from this growth.

Weibo, 'China's Twitter,' files for IPO in US

Weibo, the Chinese microblogging service often compared with Twitter, filed for a US stock offering seeking to raise USD 500 million.

Weibo messaging service revenue soars 43%

Weibo, one of several Chinese Twitter-like services, increased ad revenue by 163 percent to $56 million in the final three months of 2013.

Alibaba buys 18% stake of Weibo for $586 mn

Sina said in a statement on its website that its subsidiary Weibo and Alibaba China has signed an agreement for strategic cooperation to capitalize on their respective advantages in social networking and e-commerce.

E-commerce giant buys 18% stake of Weibo

Weibo is the most popular microblogging service in China.