Sina Profit Beats Estimates as Weibo Ad Sales Increase

Sina Profit Beats Estimates as Weibo Ad Sales Increase

[at Bloomberg] – Sina Corp. (SINA), owner of China’s largest Twitter-like Weibo service, posted fourth-quarter profit that surpassed analysts’ estimates after new mobile services attracted more advertising. Net income rose to $44.5 million from $2.36 mil more

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