
Sina Corporation is a Chinese internet company that has been a major player in the industry for over two decades. Founded in 1999, the company has a rich history of innovation and growth.
Sina's early success was largely due to its popular online portal, Sina.com, which was launched in 1999 and quickly became one of the most visited websites in China. The portal offered a wide range of services, including news, entertainment, and community features.
The company's flagship product, Weibo, is a microblogging platform that has gained immense popularity in China and has been dubbed the "Chinese Twitter". Weibo has over 400 million registered users and has become an essential tool for social media and online communication in China.
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Business Operations
Sina Corporation's sales by activity show a significant increase in Weibo sales from 2018 to 2019, reaching $1.77 billion in 2019.
The company's fintech sales also saw a notable jump in 2019, reaching $207 million. In contrast, portal advertising sales declined from $290 million in 2018 to $216 million in 2019.
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Sina Corporation's geographical breakdown of sales reveals that the majority of its sales come from the People's Republic of China (PRC), with $2.15 billion in sales in 2019. International sales, on the other hand, declined from $12.15 million in 2018 to $8.43 million in 2019.
Here's a summary of Sina Corporation's sales by activity in 2018 and 2019:
Partnership
Sina has a diverse range of media partners, including People, Nanfang Daily, Lifeweek, and Xinhuanet.
Sina's clients also include major tech companies like Microsoft, Dell, IBM, Motorola, and Kodak.
Recently, Sina started developing its business in the field of wireless internet, collaborating with China Mobile, China Telecom, and Ericsson.
On January 13, 2004, Sina and Yahoo started jointly providing online auction services in China.
EachNet, which cooperates with eBay, responded to this move by lowering its registration fee in early February 2004.
Sina also sponsors the annual ChinICT conference held at the Tsinghua Science Park.
Sina has begun collaborating with Qihoo 360 on internet security to protect Sina Weibo from hackers and viruses.
As of April 24, 2012, no official statement had been made announcing this collaboration.
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Multiple Services

Sina provides Internet services to the Chinese population around the world, catering to over 94.8 million registered users and more than 10 million active users.
In every localized website, there are over thirty integrated channels, including news, sports, technology information, finance, advertising services, entertainment, fashion, and travel.
Sina is a multiple-service provider, its major services are SMS, eMail, Search, Games, Match, Entertainment, Sina Sports, Sina Blog, and Sina Microblogging.
Sina Blog features the blogs of celebrities, including the most popular blog in the world, the one of Xu Jinglei.
Many celebrities from mainland China, Taiwan, and Hong Kong use Sina's Microblog as a platform to reach out to their fans and supporters.
Sina Weibo, an equivalent to Tencent Weibo, has more than 200 million users and millions of posts per day, with the top 100 users having over 180 million followers.
Sina's Microblog has more than 60,000 verified accounts, consisting of celebrities, sports stars, and other VIPs, with some famous users having more than ten million followers on their microblogs each.
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Network Technology
At Sina.com, the company has developed two main exclusive technologies, Sina.comXpressTM and Sina.comPlusTM, which bring ease-of-use benefits to their audience.
These technologies enable users to view webpages sourced from around the Chinese communities of the world, supporting both Big 5 (traditional Chinese character) and GB (simplified Chinese characters).
Sina.comXpressTM and Sina.comPlusTM are specifically designed to cater to the diverse needs of the Chinese-speaking audience.
Sales by Activity
In the realm of sales, understanding the activities that drive revenue is crucial for any business.
Weibo, a social media platform, generated $1.72 billion in sales for SINA Corporation in 2018.
Fintech sales, on the other hand, were nonexistent in 2018 but rose to $207 million in 2019.
Portal advertising sales decreased from $290 million in 2018 to $216 million in 2019.
Elimination, a catch-all category, resulted in a loss of $11.82 million in 2018 and $27.18 million in 2019.
Here's a breakdown of the sales by activity for SINA Corporation:
Sales by Geography
SINA Corporation's sales by geography reveal some interesting insights. The company's primary market is in the People's Republic of China (PRC), where sales reached $2.1 billion in 2018 and $2.15 billion in 2019.
The PRC market is a significant contributor to SINA Corporation's revenue. In 2018, international sales were a relatively small fraction of the company's overall revenue, totaling $12.15 million.
International sales did see a decline in 2019, dropping to $8.43 million. This suggests that the company may be focusing more on its domestic market.
Here's a breakdown of SINA Corporation's sales by geography:
Corporate Structure
Sina Corporation has a clear corporate structure in place, with a well-defined Executive Committee and Board of Directors.
The Executive Committee is led by Guo Wei Chao, who has been the CEO since 2006. He is 59 years old and has been with the company for over 15 years.
The Committee also includes Yi Zhang, the Director of Finance/CFO, who has been with the company since 2015. Hong Du, the President, has been with the company since 2013.
The Board of Directors is composed of several members, including Guo Wei Chao, who serves as the Chairman. He has been in this role since 2012.
Here is a list of the members of the Executive Committee and Board of Directors:
Industry and Market
Sina Corporation operates within the stock market sector. The company is involved in equities. SINA Stock is a part of this sector.
The Sina Corporation is a company that falls under the stock market sector. This sector includes various financial instruments, including equities.
Here's a breakdown of the sector where Sina Corporation operates:
- Stock Market
- Equities
- SINA Stock
- Company SINA Corporation
Company Information
Sina Corporation is a Chinese online media company that was founded in 1999. It is headquartered in Shanghai, China.
Sina Corporation's main business is providing online content and services, including news, sports, entertainment, and more.
The company has a significant presence in the Chinese market, with over 200 million registered users on its Weibo platform.
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Local Content
Sina provides tailored internet services for local people by conducting quantitative and qualitative marketing research on target audiences in specific regions.
Internationalized services have a common layout that includes sections like news, information, infotainment, and email services with localized content.
The company's localization involves political censorship, which is a common practice for internet content providers operating within mainland China.
Sina's web pages geared toward mainland China audiences have internet censors controlling the discussion for sensitive political content.
News from Sina comes from local newspapers, which are subject to censorship by the government in mainland China.
Pages and forums intended for audiences outside mainland China are not subject to this censorship.
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Background
Sina was formed in March 1999 after Stone Rich Sight Information Technology Ltd merged with Sinanet, a US website company.
The merger created a massive online presence that extended across the straits and North America before expanding to Hong Kong in July 1999.
Sina's fast and comprehensive reporting on the NATO Bombing of the Chinese embassy in Belgrade in 1999 helped it overtake Sohu as the leading Chinese website.
Sina was the first Chinese website to be approved for listing on the Nasdaq National market on April 13, 2000.
Apps Suspended for Violating China Internet Laws

Sina Corp, the Chinese internet giant behind Weibo, has suspended its news and blog apps after violating China's internet regulations.
The company was not doing enough to moderate unsuitable content and had spread untrue and vulgar information, according to the Central Cyberspace Affairs Commission.
Sina has voluntarily suspended its Sina Blog platform and app as well as the Sina News app for one month to rectify the problems.
China's internet regulators have been cracking down on unsuitable internet content, including pornography, gambling, fake news, and political dissent.
The Central Cyberspace Affairs Commission investigated Tencent, Baidu, and Sina Weibo last year for sharing user-generated content with "violence, porn, rumours".
Weibo, one of the biggest social media platforms in China, is not affected by the suspensions.
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Online Presence
Sina Corporation has a strong online presence, with a history of innovation in the digital space. Founded in 1999, Sina has been at the forefront of online media and technology.
Their flagship product, Sina Weibo, is a popular social media platform with over 440 million registered users. It's a platform that has revolutionized the way people communicate and share information in China.
Sina's online presence is not limited to social media; they also operate a popular news website that attracts millions of visitors every month. Their website provides a wide range of content, including news, entertainment, and lifestyle articles.
Sina's e-commerce platform is another key aspect of their online presence, offering a vast selection of products and services to their customers. This platform has been successful in tapping into the growing demand for online shopping in China.
With a strong online presence, Sina Corporation has established itself as a leader in the digital space.
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Popularity and Coverage
Sina Corporation has a remarkable track record of popularity in China. In 2003, it was the most popular company in China, according to a survey conducted by Gallup (China) Research Ltd.
Its massive user base was a testament to its success, with an estimated three billion page data volumes every day.
Frequently Asked Questions
Who owns Sina Corporation?
Sina Corporation is ultimately owned by New Wave MMXV Limited, a business company incorporated in the British Virgin Islands. Charles Chao controls New Wave MMXV Limited, making him the indirect owner of Sina Corporation.
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