China's internet celebrity sector's output value this year is expected to reach 58 billion yuan ($8.7 billion), surpassing China's box office and equal to China's largest retailer Bailian Group's annual sales last year, according to a report by Shanghai-based enterprise data aggregator CBNData.
Brazilian President Dilma Rousseff has opened an account on social network Weibo, the Chinese alternative to Twitter, to promote Rio de Janeiro's upcoming Olympic and Paralympic Games among almost 600 million users in the Asian country, announced official sources on Thursday.
Five hit online dramas were removed from the Internet yesterday, causing a stir among fansand in the industry.
Weibo’s move comes a couple weeks after the revelation that Twitter intends to get rid of its trademark cap as well.
The war between Sina Weibo and Tencent's WeChat, two big players in China's social media game, escalated when Sina Weibo began to ban users promoting WeChat on its service on late Tuesday.
The launch of China's e-commerce giant Alibaba in a record-breaking IPO in New York was the most discussed business event this month, more so than the launch of Apple's iPhone, a study showed.
With brown-tinted glasses and an elaborately shaved face, Ma Guangyue, a prolific blogger on Sina Weibo, has overturned people's stereotyped impression of an imam.
Many may suspect that people living in the Chinese capital are more interested in the ongoing political sessions than those in Guangdong, but are unable to prove it.
Sina Weibo, China's version of Twitter, is planning a stock market listing in New York "relatively soon", a source told Xinhua on Tuesday.
E-commerce giant Alibaba has purchased 18 percent stake of China's popular microblogging service Sina Weibo for 586 million U.S. dollars, Sina Corp. announced Monday.
Frank Hsieh Chang-ting, a former member of Taiwan's opposition Democratic Progressive Party (DPP), said he "relishes a chance of communication" on the Twitter-like Sina Weibo on Wednesday after Sina verified him as "former chairman of the DPP."
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