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Sina Weibo (Nasdaq: WB) (新浪微博) is a Chinese microblogging (Weibo) website, and some people name it "the Twitter of China." However, many social media experts may disagree and think Sina Weibo has a lot more to offer. Furthermore, Weibo outdid Twitter in many aspects, especially in market influence and user numbers.
According to statista.com, a website known for providing statistics worldwide, as of the second quarter of 2021, Sina Weibo's monthly active users were about 566 million, 43 million more compared to the corresponding quarter in the previous year.
Please note Sina Weibo also known as Weibo is not just "one of the social media in China" but the major and most lucrative social media in China.
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