∗Weibo Archives

Sony China’s Weibo Account Banned

A certified account belonging to the Chinese division of Japanese electronics giant Sony has recently been banned. On January 5, the CEO of Weibo responded that a blog post from Sony China was interpreted as attacking medical experts, and that a final punishment had just been approved.

Chinese Cyberspace Watchdog Releases Filing List of Information Service Algorithms

On August 12, the Cyberspace Administration of China released a filing list of 30 domestic Internet information service algorithms from NetEase, Qihoo 360, Kuaishou, Meituan and other well-known enterprises in the country.

Chinese Regulators Clamp Down on Virtual Currency Publicity Stunts

Since the beginning of this year, the Cyberspace Administration of China has introduced measures to clean up illegal information, accounts and websites that have constituted so-called "publicity stunts" regarding virtual currency.

Qudian Founder Luo Min Withdraws From Douyin and Weibo

Luo Min, the founder and CEO of Chinese tech firm Qudian, changed his Douyin account name on August 2 to "Qudian Precooked Dishes." Moreover, all videos related to Luo Min on the account were deleted.

Chinese Social Media Platform Weibo Issues First ESG Report

China's leading microblogging site Weibo released its first Environmental, Social and Governance (ESG) report on August 2, mainly covering the information and data of the platform in 2021.

Weibo to Launch Interest-Based Community App “Planet”

China's leading microblogging platform Weibo will launch a new interest-based interactive community app called "Planet", which is a revision and upgrade of its previous app "Planet Video."

Trip.com Chairman James Liang Suspended on Weibo

Chinese web users found on Monday that James Liang, the co-founder, former CEO and executive chairman of Trip.com Group Ltd., has been suspended on popular domestic social media site Weibo.

Douban Sues Weibo for Unfair Competition

On Wednesday, Chinese social media platform Douban posted pictures on popular microblogging site Sina Weibo, saying it had sued the operator of Weibo for unfair competition.

China NFT Weekly: Metaverse Fund of Funds

This week: HSBC joins metaverse race through partnership with The Sandbox, Beijing to launch China's first metaverse-themed fund of funds, Binance leads seed round for social metaverse developer Ultiverse, and more.

Chinese Social Media Platform Weibo Faces Large-Scale Layoffs

Recently, employees of Chinese Twitter-like social media platform Weibo said on a domestic job information sharing platform that their company is laying off a significant number of employees and is even asking some to leave voluntarily.

Q&A Site Zhihu Plans Second Listing in Hong Kong

Chinese online Q&A platform Zhihu is planning a second listing in Hong Kong that could raise about $300 million.

Alibaba CEO Zhang Yong Resigns as Weibo Director

Leading Chinese microblogging platform Weibo announced on Monday that Zhang Yong, CEO of Alibaba, has resigned from the position of company director with immediate effect.

Cloud Native Basic Engine Provider Galaxy Future Scores Tens of Millions of Dollars in Financing

On Thursday, Galaxy Future, a cloud native basic engine provider established less than half a year ago, announced that it had completed an angel investment round worth tens of millions of dollars.

Weibo Launches Global Offering of 11 Million Shares, No Higher Than $49.75 Per Share

Chinese Twitter-like platform Weibo announced plans to sell 11 million shares globally through its IPO in Hong Kong, including 5.5 million new shares and 5.5 million sales shares.

Weibo Passes HKEx Listing Hearing, Revenue Increased by 30% YoY in Q3

Leading Chinese microblogging platform Weibo had passed its listing hearing, with Goldman Sachs, Credit Suisse, CLSA and CICC acting as co-sponsors.

Tencent Responds to Heated Discussion on WeChat Server Collapse

Some Chinese netizens expressed frustration online about the failure of WeChat's picture and file transfer function, causing "WeChat collapses" to become a trending topic on Weibo.

Chinese Social Media Platform Xiaohongshu Apologizes for Users’ Over-Modification of Scenic Spot Photos

In response to a large number of its users complaining about over-decorated scenic spot photos shared on the platform, lifestyle sharing platform Xiaohongshu issued a statement on Sunday apologizing to users.

China’s Top Internet Regulator: Recommendation Algorithms Must Not Withhold Information or Manipulate Record Charts

On Friday, the CAC issued draft guidelines on regulating the recommendation algorithms used by internet service providers, stating that they should not be used to withhold information or manipulate relevant record charts.

Misinformation Surrounding Tokyo Olympics Goes Viral on Chinese Social Media Amid Rise of “Attention Economy”

During the Tokyo 2020 Games, China's profit-first self-media industry generated traffic through the sophisticated manipulation of people’s emotions.

China Blocks the Search of Several Crypto-Related Keywords, Intensifying Crackdown

China’s twitter-like social media platform Weibo and search engine Baidu have blocked a series of crypto-related keywords, as the government continues putting pressure on the cryptocurrency market.

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