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Searching for "Charles Chao"
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Sina Enters into Definitive Agreement for "Going Private" Transaction
Sina, 9/28/20
Chinese online media company Sina (Nasdaq: SINA) today announced that it has entered into an Agreement and Plan of Merger (the "Merger Agreement") with New Wave Holdings Limited ("Parent") and New Wave Mergersub Limited, a wholly owned subsidiary of Parent, pursuant to which Parent will acquire all of the Company's outstanding ordinary shares (each, an "Ordinary Share") not currently owned by Parent and its affiliates in an all-cash transaction (the "Merger") implying an equity value of the Company of approximately USD 2.59 billion for all the Ordinary Shares. Read More
Sina Announces Receipt of Preliminary Non-Binding "Going Private" Proposal
Sina, 7/06/20
Chinese online media company Sina (Nasdaq: SINA) today announced the receipt of a preliminary non-binding proposal letter, dated July 6, 2020, from New Wave MMXV Limited ("New Wave"), proposing to acquire all the outstanding ordinary shares of the company not already owned by New Wave for USD 41 per share in cash in a going private transaction (the "Proposed Transaction"). Read More
Sina Leads USD 200 Mln Investment in Mobile Short Video App 'Miaopai'
Sina Tech, 11/24/15
Beijing-based Xuan Yixia Technology, operator of short video app Miaopai, has announced the completion of a USD 200 mln fourth round of funding led by Chinese internet company Sina (Nasdaq: SINA), with participation from Sequoia Capital, Korean entertainment company YG Entertainment, and others. Read More
Chinese News Reader App Lands USD 100 Mln Series C
36Kr, 6/03/14
Beijing-based mobile app developer Bytedance has received USD 100 mln in third-round funding led by Sequoia Capital, with participation from Chinese microblogging platform Weibo (Nasdaq: WB), valuing the company at over USD 500 mln. Read More
Sina's Mobile IM 'WeMeet' Adds Snapchat-Like Features
Sina Tech, 8/26/13
Chinese internet company Sina (Nasdaq: SINA) has released version 1.1.50 of its mobile LBS IM app "WeMeet" ("WeiMi"), with updates including a "private discussion" ("Miyu") feature that immediately erases content a set period of time after it is opened. Read More
Sina Restructures Business into Portal and Microblog Divisions
iFeng Tech, 12/28/12
In an internal email, Charles Chao, CEO of Chinese internet company Sina (Nasdaq: SINA), has outlined the company's "mobile first" strategic focus for the coming year. Read More
Rumor: Alibaba, Sina Continue Partnership Talks
BiaNews, 11/23/12
On November 22, a source close to core Sina (Nasdaq: SINA) management revealed that the Chinese internet company's microblogging platform Sina Weibo is in talks with e-commerce conglomerate Alibaba, continuing earlier partnership discussions between the two companies. Read More
Sina Microblog to Start Monetizing in Q2 2012
Sohu IT, 2/28/12
Charles Chao, CEO of Chinese internet company Sina (Nasdaq: SINA) said in a teleconference for the company's Q4 financial report today that Sina would step up efforts to monetize its Weibo microblogging platform this year. Read More
Sina Weibo Reaches 250 Mln Users
China News, 11/09/11
Chinese internet company Sina (Nasdaq: SINA) has announced in its Q3 2011 earnings call that users on its Weibo microblogging platform exceeded 227 mln as of the end of September and recently reached 250 mln. Read More
Chinese Government Encourages Officials to Microblog
Xinhuanet, 10/13/11
Wang Chen, director of China's State Council Information Office (SCIO) and State Internet Information Office (SIIO) and deputy director of the Publicity Department of the Central Committee of the CPC, yesterday encouraged Communist Party and government officials to actively use China's microblogging platforms to "serve society." Read More
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