'China's Twitter' files for US IPO | Bangkok Post: news

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'China's Twitter' files for US IPO

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Weibo Corp, the Chinese microblogging service often compared with Twitter, has filed for a US stock offering seeking to raise $500 million. 

A woman views the Chinese social media website Weibo at a cafe in Beijing on April 2, 2012

The move will allow the popular Chinese-language social network to spin off from the Internet giant Sina, according to documents filed on Friday with the US Securities and Exchange Commission.

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