However, Chao downplayed Tencent’s recent gains, stating, “Weibo has reached a critical mass and will continue to grow in user base and user activity given its network effect.” By “network effect,” ...
The very existence of SINA Corp (NASDAQ:SINA), the Chinese Internet portal site that created microblogging site Weibo, is a paradox. Weibo, which is widely regarded as “China’s Twitter,” depends on ...