Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

Rumor: Sina Weibo to Release Virtual Currency in Q3 2011

TechWeb, 7/13/11

Chinese internet company Sina (Nasdaq: SINA) will introduce virtual currency for its Weibo microblogging platform in Q3 2011, revealed by an industry source recently. According to Sina Weibo's online documentation for API developers, one "Weibi" ("Micro-coin") will be equal to RMB 1, and can be used to purchase virtual items and value-added services.

Keywords: Internet virtual items virtual currency Sina microblogging Q3 2011 VAS

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports