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Edition: U.S. Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Deadlock in Libya exposes international rifts 26 Apr 2011 Lindsay Lohan makes clean breast of things for Leno | 1:50am EDT Guidelines help prevent heart attack deaths 26 Apr 2011 Sony Playstation suffers massive data breach; firm criticized 3:17am EDT Sony PlayStation suffers massive data breach 26 Apr 2011 Discussed 145 Texas governor calls for prayers for rain 136 Obama sees no magic bullet to push down gas prices 66 U.S. sends drones to Libya as battle rages for Misrata Watched Lohan on Leno, Cole on "X Factor" Tue, Apr 26 2011 Tornado caught on security camera video Tue, Apr 26 2011 Waiting for Bernanke 2:59am EDT Sina has no immediate plan to list microblog operations: CEO Tweet Share this BEIJING (Reuters) - Sina Corp, China's largest Internet portal, has no immediate plans to list its microblog operations, its chief said on Wednesday. Sina, which operates China's top Internet portal and the highly popular Twitter-like Weibo... Email Print Related News China Internet market should not be treated differently: Exec Tue, Apr 26 2011 China to punish Baidu for illegal music downloads Mon, Apr 25 2011 Fox to punish leaks after "Glee" spoiler Wed, Apr 20 2011 Obama takes tax plan to Facebook billionaires Wed, Apr 20 2011 Yahoo earnings top target, shares up 3 percent Tue, Apr 19 2011 Analysis & Opinion Tech wrap: Sony admits PlayStation Network privacy breach Facebook scam warning pages under fire Related Topics Technology » Media » Stocks BEIJING | Tue Apr 26, 2011 11:59pm EDT BEIJING (Reuters) - Sina Corp, China's largest Internet portal, has no immediate plans to list its microblog operations, its chief said on Wednesday. Sina, which operates China's top Internet portal and the highly popular Twitter-like Weibo messaging service, will diversify into e-commerce and online games next year, Charles Chao told an industry conference in Beijing. Chao said the reason for restructuring Weibo recently was that it was a new business model that needed space to grow. "Eventually we will make money from it, I have full confidence...our priority is to build up the platform," he said. Sina had previously said it expects Weibo will start generating revenue in the first half of 2011 by selling virtual items and advertising space. Sina competes with Tencent Holdings and Oak Pacific Interactive in the social networking space. Tencent Holdings Ltd told Reuters this month it expects an increase in microblog subscribers to 200-300 million by the end of the year from 160 million now as social networking services gain popularity in the country. Local media reported recently that Facebook may be in talks with Baidu Inc to launch a China social networking site. Baidu declined to comment while Facebook said it is evaluating its China options. (Reporting by Melanie Lee; Writing by Soo Ai Peng; Editing by Jacqueline Wong and Ken Wills) Technology Media Tweet this Share this Link 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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