Weibo valued at $3.46 billion after bottom-end IPO pricing

by Reuters
A man walks past the office entrance of Sina Weibo, widely known as China's version of Twitter, in Beijing on April 16. Photo - AFP
China's Weibo Corp will be valued at a lower-than-expected $3.46 billion when it goes public on the Nasdaq amidst concerns about the microblogging service's slowing user growth, media censorship
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