back to article Sina rumoured to be prepping Weibo for $500m US-based IPO

Chinese web giant Sina has picked two of the big banks to prep its Twitter-alike microblogging site Weibo for an IPO in the US. Goldman Sachs and Credit Suisse have been taken on to help the site manage a debut onto the market in New York, sources told the Financial Times and Reuters. Weibo, which is hugely popular in China, is …

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$500m pah!

It ticks all the boxes: app, internet, chat, social, emerging markets, growth. Got to be valued at around $20 - $30bn and IPO accordingly!

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But does it come with Greatwall enabled?

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