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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.

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