| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
70 |
| Employees |
8,410 |
| Revenues (TTM) (Millions $) |
2,163 |
| Net Income (TTM) (Millions $) |
109 |
| Cash Flow (TTM) (Millions $) |
493 |
| Capital Exp. (TTM) (Millions $) |
30 |
Business Description
Sina Corporation is a Chinese technology company founded in 1999 by Wang Zhidong and others. It is headquartered in Shanghai, China, and mainly operates in the fields of online media, social media, mobile value-added services and e-commerce platforms. Its business model revolves around online advertising, gaming and online education.
Sina Corp's main services include the well-known Weibo, a micro-blogging and social media platform in China, along with sina.com.cn, one of the largest news portals in China. Other key products and services include sina mobile apps, which provide access to these services on mobile devices. Sina Corp also operates Sina Weibo, a social networking platform that allows users to share real-time updates, photos and short messages.
In recent years, Sina Corporation has expanded beyond traditional media and social media industries, venturing into new areas like fintech through Sina Finance, a financial information and trading platform. The company's e-commerce services include Sina Fresh, which delivers fresh food to doorsteps, as well as Sina You Life, an online shopping platform.
Sina Corporation is publicly traded on the NASDAQ stock exchange (SINA), and is well-known for its partnership with Alibaba Group, which holds a significant stake in the company. Additionally, SINA has completed successful strategic investments in a number of companies, such as the acquisition of the mobile ad platform Focus Media and investing in the mobile app developers Momo and Weibo Corporation.
Overall, Sina Corporation has emerged as a leader in the Chinese online landscape, providing a wide range of digital services to a massive user base. With its strong presence in social media, news and advertising, and recent pushes into fintech, e-commerce and other emerging areas, Sina Corporation is poised for continued success and growth.
Company Address: No. 8 SINA Plaza Beijing 100193
Company Phone Number: 8262 8888 Stock Exchange / Ticker: NASDAQ SINA
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