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Aggregated China Business Blogs
Sina's Weibo Downsized IPO By 21% To $286M
Aggregated Source: China Money Network
Chinese social networking platform Weibo Corporation has raised US$286 million by offering 16.8 million American Depository Shares (ADR) at US$17 per share. The size of its IPO is 21% smaller than its initial target of of US$380 million, according to an announcement. The IPO was priced on the low end of Weibo's initial US$17 to […]

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