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What does Alibaba take the shareholding of Sina Weibo? 1.9 billion yuan income

2025-01-27 12:32:21|Myriagame |source:minecraft skins

A few days ago, in a document submitted to the SEC on Weibo, from 2013 to 2015, Alibaba brought a total of $ 299.7 million in revenue to Weibo.

It is reported that in April 2013, Alibaba invested Sina Weibo for $ 586 million, holding a total of 18%of the shares.

At the same time, Alibaba promised in the investment agreement that Alibaba will bring at least $ 294 million in revenue to Weibo in the next three years.

It now appears that Alibaba has fulfilled the promise at the time.In 2013, it brought $ 49.13 million for Weibo. In 2014, the number doubled to $ 107 million, and 2015 reached unprecedented $ 143.6 million.

As of March 31, 2016, Sina holds a total of 54.5%of Weibo equity. Alibaba, as the second largest shareholder, has a 30.5%stake, and Sina CEO Cao Guowei personally owns 1.4%of its equity.

In addition, media analysis said that Alibaba is likely to acquire Weibo or even Sina in the same way to acquire Youku potatoes.

However, recently, Cao Guowei publicly stated: "One of the two businesses of Sina and Weibo has grown slowly, and the other has grown rapidly. If there is a suitable opportunity, they will seek transactions in the capital market, but there are currently no such plans.