Seeking Alpha

Could e-commerce transactions turn into a big revenue stream for Sina's (SINA) Weibo...

Could e-commerce transactions turn into a big revenue stream for Sina's (SINA) Weibo microblogging service? Popular Chinese smartphone vendor Xiaomi sold 50K phones in 5 minutes and 14 seconds through a promotion offered on Weibo and supported by Sina's WeiboPay payments service. Sina, which has been investing heavily in Weibo, is under pressure to monetize the service's 40M+ monthly users. (subscription service)
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector