Weibo Raises $286 Million in IPO After Pricing Shares at Low End

Charles Chao, chief executive officer of Sina Corp., walks outside during an IPO ceremony for Weibo Corp. at the Nasdaq MarketSite in New York, U.S., on Thursday, April 17, 2014. Weibo Corp., the Chinese microblogging service owned by Sina Corp. and Alibaba Group Holdings Ltd., raised $285.6 million in its U.S. initial public offering after pricing the shares at the low end of a marketed range. Photographer: Scott Eells/Bloomberg via Getty Images
Charles Chao, chief executive officer of Sina Corp., walks outside during an IPO ceremony for Weibo Corp. at the Nasdaq MarketSite in New York, U.S., on Thursday, April 17, 2014. Weibo Corp., the Chinese microblogging service owned by Sina Corp. and Alibaba Group Holdings Ltd., raised $285.6 million in its U.S. initial public offering after pricing the shares at the low end of a marketed range. Photographer: Scott Eells/Bloomberg via Getty Images
Weibo Raises $286 Million in IPO After Pricing Shares at Low End
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Credit:
Bloomberg / Contributor
Editorial #:
485287367
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Bloomberg
Date created:
17 April, 2014
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Rights-managed
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Source:
Bloomberg
Object name:
WEIBO IPO