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Friday, Dec 28
2012, 12:05 PM
Add Sina (SINA +2%) to the list of Web companies making mobile a priority. CEO Charles Chao just...
Add Sina (SINA +2%) to the list of Web companies making mobile a priority. CEO Charles Chao just sent a company memo (Google translation) in which he says Sina's 2013 strategy will be "mobile first," and that it will restructure into two units. One unit, headed by COO Hong Du, will run Sina's portal ops, and the other, headed by Chao, will run Sina Weibo and the company's wireless tech ops. Bloomberg recently noted Weibo is facing stiff mobile competition from Tencent's (TCEHY.PK) WeChat messaging platform, which now has 200M registered users.