2014-04-05
Weibo's NASDAQ IPO Priced To Raise $380M
Chinese social networking platform Weibo Corporation is planning to raise $380 million million via an initial public offering on the NASDAQ, according to a securities filing. Weibo plans to offer 20 million shares for $17 to $19 apiece, valuing the company at $3.9 billion. According to the filing, Sina corporation owns 77.6% of Weibo. Alibaba […]
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