China’s information authority released a list of top 100 Chinese Internet companies on July 27, ranking Alibaba, Tencent and Baidu, JD.com, and NetEase as the top five.
SINA Corp., the Chinese technology giants that operates the popular Sina Weibo, Sina.com and Sina mobile, is seeking a secondary offering in Hong Kong according to Reuters China.
On the afternoon of April 20, Weibo CEO Gaofei Wang announced the launch of Weibo’s new AI R&D center in Palo Alto, California. Weibo has become one of many Chinese companies to set up R&D centers in Silicon Valley to pave way for future AI development.
Hurun Institute released its 2017 brand list, on which Weibo ranked first among newly-ranking brands and sixth among technology brands, on December 7. Weibo’s brand value was estimated at 29.5 billion yuan.