Forum Views ()
Forum Replies ()
Read more with google mobile :
Sina plans U.S. launch of Weibo as Twitter rival: TechWeb
|
Edition:
U.S.
Article
Comments (0)
Editor's Choice
China paper warns Google may pay price for hacking claims
Four suspected U.S. cases of E.coli linked to Germany
U.N. says climate talks will miss Kyoto deadline
Gas to pass coal in 15 years, equal oil by 2035: IEA
Hackers attack Nintendo's servers in United States
Cancer costs put treatments out of reach for many
Facebook blunder leads crowd to teen's birthday
Comment: Activision’s brainy toys take over
Video: Tiny eco-home demonstrates big energy savings
Slideshow: Marijuana merchandise
Follow Reuters
Facebook
Twitter
RSS
YouTube
Read
Five U.S. troops killed in Iraq attack
7:57am EDT
China paper warns Google may pay price for hacking claims
7:42am EDT
White House disappointed Fed nominee was thwarted
11:05am EDT
D-Day veterans recall World War Two turning point
05 Jun 2011
Snap analysis: Humala's victory to hit Peru market
4:30am EDT
Discussed
78
150 economists back U.S. Republicans in debt fight
66
”The world is getting warmer”: Romney
63
Moody’s sounds alarm over U.S. debt limit and deficits
Watched
Transsexual model takes Rio
Fri, Jun 3 2011
Latvian blondes prove they have more fun
Thu, Jun 2 2011
Record radiation levels at Fukushima
Sun, Jun 5 2011
Sina plans U.S. launch of Weibo as Twitter rival: TechWeb
Tweet
Share this
Email
Print
Related News
China anoints champion Li as a legend
Sun, Jun 5 2011
China rallies for Li's second tilt at glory
Fri, Jun 3 2011
Twitter CEO says 80 percent of advertisers renew
Wed, Jun 1 2011
Twitter acquires online ad team to help with monetization
Tue, May 31 2011
Analysis: S.Korea's smartphone love affair lures foreign suitors
Fri, May 27 2011
Analysis & Opinion
Indian police break up hunger strike by yoga guru Swami Ramdev
Tech wrap: Google reveals Gmail hacking
Related Topics
Technology »
Mon Jun 6, 2011 10:27am EDT
(Reuters) - China's Sina Corp is readying an English version of its microblogging platform, Weibo, and plans to launch it in the U.S. in two-three months as a rival to Twitter, Chinese tech blog Techweb said, citing informed sources.
Shares of Sina were up about 4 percent in high-volume trading on Monday.
Sina, which has seen its stock soar on investor hopes that Weibo will be monetized sooner rather than later, reported in May, a 39 percent decline in quarterly net profit after it invested heavily in the platform.
Sina hopes to have more than 200 million Weibo users by the end of the year, up from 140 million currently.
The planned launch would mean direct competition with popular U.S. microblogging service Twitter, the blog said.
Sina's shares were trading at $115.49, following the news on Monday, on Nasdaq.
(Reporting by Siddharth Cavale in Bangalore; Editing by Joyjeet Das)
Technology
Related Quotes and News
Company
Price
Related News
Tweet this
Link this
Share this
Digg this
Email
Reprints
We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters.
Comments (0)
Be the first to comment on reuters.com.
Add yours using the box above.
Social Stream (What's this?)
© Copyright 2011 Thomson Reuters
Editorial Editions:
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
United States
Reuters
Contact Us
Advertise With Us
Help
Journalism Handbook
Archive
Site Index
Video Index
Reader Feedback
Mobile
Newsletters
RSS
Podcasts
Widgets
Your View
Analyst Research
Thomson Reuters
Copyright
Disclaimer
Privacy
Professional Products
Professional Products Support
Financial Products
About Thomson Reuters
Careers
Online Products
Acquisitions Monthly
Buyouts
Venture Capital Journal
International Financing Review
Project Finance International
PEhub.com
PE Week
FindLaw
Super Lawyers Attorney Rating Service
Reuters on Facebook
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
Other News on Monday, 6 June 2011 Thirteen Syrian protesters killed attempting to cross into Israel
Cloud of soot darkens sky in Chile, Argentina following Puyehue eruption
Yemens Saleh in Saudi Arabia for wound treatment, Yemenis rejoice
Arizona wildfire burns 250,000 acres
Alex Noren's steady day captures title at Wales Open
Sixth sense: Rafael Nadal continues mastery of Federer on clay, wins French title
One killed in Kenya blast, over 30 injured
|
Greek austerity plan draws 80,000 to Athens square
|
Late night star: Ty Dillon wins Chicago ARCA race
Matt Kemp continues tear with 16th homer; Dodgers lead Reds 4-1
Macedonia ruling VMRO-DPMNE claims election victory
|
Death toll from Tunisian clashes reaches 11
|
Bomb attacks kill 24 in north-west Pakistan
|
Apple's Jobs to take the stage as iCloud hype grows
|
Hackers attack Nintendo's servers in United States
|
Yemen's Saleh comes out of surgery, future unclear
|
Israeli forces kill 18 protesters: Syrian TV
|
Leftist Humala declares victory in Peru election
|
Portuguese center-right beats Socialists in vote
|
NBA Finals: Wade's 29, Bosh's go-ahead bucket help Heat survive Mavs' late charge
Britain says rebels must plan for post-Gaddafi Libya
|
Shin-Soo Choo says DUI charge hurting his play
Socialists face humiliating defeat in Portugals elections
China paper warns Google may pay price for hacking claims
|
Ex-Dodgers greats may look into purchasing team;
U.S. missile strike kills 14 militants in Pakistan: sources
|
Bob Gilder glides under radar, gets victory at Principal Charity Classic
Pope Benedict XVI celebrates Mass before thousands of supporters in Croatia
Bahrain police clash with Shi'ite religious marchers
|
Pakistan foils President Asif Ali Zardari assassination plot
Greece sells historic ports
Bean sprouts grown in Hamburg nursery may have caused E. coli outbreak
Steve Stricker starts strong, survives rain delay to win Memorial Tournament
China paper warns Google may pay price for hacking claims
|
Twilight sequel shines brightest at MTV awards
|
Syrian forces' death toll in clashes rises to 40: State TV
|
E.coli food probe targets German bean sprouts
|
Cubs pitcher Zambrano rips club after another loss to the Cardinals
U.S. missile strikes kill 17 militants in Pakistan
|
Piers Morgan expecting first child with wife Celia Walden
Steve Wheatcroft shatters Nationwide Tour marks with impressive victory
Turkey's leaders livid over Economist article
|
Augusta State University repeats at NCAA golf champions
"Twilight" star Nikki Reed gets engaged to "American Idol" finalist Paul McDonald
Ban Ki-moon asks U.N. council to remain as chief
|
"Twilight" wins big at this year's MTV Movie Awards
Atom watchdog chides bombing of Syrian site in '07
|
Sports Illustrated Swimsuit Model Jessica White Promotes Mercy at a Charity Dinner
Land mines add to security worries in south Sudan
Palestinian Statehood Drive Fraught With Obstacles
Family of missing CA nursing student want FBI to lead search
Analysis: Soaring IPOs raise specter of new bubble
|
Apple's Jobs to take the stage as iCloud hype grows
|
Stigma puts many firms off reporting cyber attacks
|
Sina plans U.S. launch of Weibo as Twitter rival: TechWeb
|
New theater app puts Broadway on the go
|
SuVolta licenses new chip technology to Fujitsu
|
Mega Brands extends toy making contract with Microsoft
|
Cowell still in talks over U.S. X Factor judges
|
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights