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Fanfou.com was founded by Wang Xing with the team that created Xiaonei on 12 May 2007. The website was developed in LAMP stack with Twitter-compatible APIs. Hewlett-Packard became its first paid customer on June 2, 2009. [1] It was closed on 7 July 2009 due to censorship in the wake of July 2009 Ürümqi riots. [2]
Weibo (Chinese: 微博; pinyin: Wēibó), or Sina Weibo (Chinese: 新浪微博; pinyin: Xīnlàng Wēibó), is a Chinese microblogging website. Launched by Sina Corporation on 14 August 2009, it is one of the biggest social media platforms in China , [ 1 ] with over 582 million monthly active users (252 million daily active users) as of Q1 2022 ...
It was eventually permitted to reopen but by then, other Chinese microblogging sites like Sina Weibo and Tencent Weibo had entered the market and captured substantial market share. [ 7 ] In 2010, Wang established the Chinese group-buying site Meituan, which was based on the business model of Groupon . [ 6 ]
The stock's history has been characterized by big swings, but shares are still up big over the last several years. Why Weibo Stock Fell 43.5% in 2018 Skip to main content
B shares were limited to foreign investment until 19 February 2001, when the China Securities Regulatory Commission began permitting the exchange of B shares via the secondary market to domestic citizens. [2] This was widely seen as a landmark event to the integration of Chinese stock markets. [3]
View history; Tools. Tools. move to sidebar hide. Actions Read; Edit; View history; ... Weibo Corporation is a Chinese social network company known for the ...
Fanfou is the earliest notable weibo service. It was launched in Beijing on May 12, 2007 by the co-founder of Xiaonei (now Renren) Wang Xing. The website's layout, API, and mode of use was highly similar to Twitter, which was created earlier in 2006. Fanfou's users increased from 0.3 million to 1 million in the first half of 2009.
The stock of Weibo (NAS:WB, 30-year Financials) shows every sign of being fairly valued, according to GuruFocus Value calculation.