Why SINA Is Reducing its Stake in Weibo

Back in 2014 Chinese internet company SINA NASDAQ SINA spun off its social network Weibo NASDAQ WB as a publicly traded company SINA retained 56 of 160 the outstanding shares of Weibo after the IPO But over the past two years SINA reduced its stake in Weibo with

Leave a Reply

Your email address will not be published. Required fields are marked *