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China’s Weibo sets IPO range at $17-19 with valuation of over $3.5 billion

Apr04
by on April 4, 2014 at 10:17 pm
Posted In: Around the Web, Asia, Insider

Weibo, the Chinese equivalent of Twitter, has released a pricing range for its upcoming IPO that would peg shares between $17-19, valuing the company between $3.5-$3.9 billion, The New York Times reports. Weibo, which was spun off from Sina, is looking…

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