ChaseDream
标题: 【Native Speaker每日综合训练—35系列】【35-14】经管 Weibo IPO [打印本页]
作者: TaoRs92 时间: 2014-4-25 23:56
标题: 【Native Speaker每日综合训练—35系列】【35-14】经管 Weibo IPO
Official Weibo: http://weibo.com/u/3476904471
周末好~今天的话题是：微博上市啦~想从两个角度阐述今天的内容，所以材料选的有点多，但是比较简单，请大家轻松的阅读~
这里补充两点IPO的知识，方便大家理解文章。学过有关知识的小伙伴应该已经知道了，我尽量通俗的概括，如有错误欢迎纠正……
1 关于证券承销商（underwriter），在这里就是IPO时帮公司卖股票的机构，一般为投资银行/证券公司（国内国外名称不同而已~）
他们帮公司卖股票一般有几种方式：
A 全额包销，意思是在公司IPO前，承销商把公司的全部股票都买下来，再向投资者发售。
对上市公司来说，没有任何风险，因为它的股票已经全部卖出去了（买家是承销商）。
对承销商来说，如果投资者不买账，相当于他们从厂家进了一批货却卖不出去，所以他们承担了公司上市的全部风险。
（不过承销商很可能会因此变成公司的大股东，对公司来说是种威胁。所以这种情况无论承销商还是公司都不愿看到）。
B 余额包销，意思是在公司IPO时，承销商帮助公司向投资者发售股票（这里它是中介而非买家），
如果公司的股票没卖完，承销商需把剩下的股票买下来，承担公司上市的部分风险，风险大小由投资者买入公司股票的总量决定。
C 尽力推销，意思是承销商只负责作为中介，将公司的股票发售给投资者，至于发售情况如何，他们管不着也不会管~
文中有 Weibo gained XX million before the sale of any addtional shares to underwriters。了解上述知识后，大家应该能理解了吧~
2 关于定价区间（offer range），在IPO之前，公司会公布其股票的定价范围，如$15-$20。
经过一系列的过程（如路演等），最终公司会在定价区间内确定股票的定价。如果股票定价为$15，为下限定价，$20为上限定价。
文中有 Weibo gained XX million at the low end of the offer,$17/The price is at the low end of the $17-$19 range。希望大家能理解~
除此之外还有几个关键词：
list/listing 上市
subscription price 认购价格，也就是大家买入公司股票时的价格，微博上市第一天认购价格的波动范围以及收盘价在文中有~
undersubscription 认购不足
censorship 审查制度
Speaker这材料被那啥了，非常感谢猴哥一直帮忙折腾~不多说，内容值回票价，评价见仁见智~
Speed选取三篇文章。
第一篇写于微博上市前，主要介绍微博上市的计划、面临的挑战和上市的原因。
第二篇是微博上市当天的表现，和新浪董事长曹国伟对微博的各种看法（正面~）。
第三篇和第二篇差不多，不过是从比较负面的角度看待微博上市的结果，告诉大家微博上市不尽人意其实早有征兆。
来自微信的威胁在Speed的三篇文章中不断被提及。因此Obstacle选了一篇文章，讲述微博的超级竞争者--微信的崛起。
下星期不会话痨的！Enjoy~！
Part I: Speaker
Behind the Great Firewall of China
[Rephrase 1]
[Speech, 18min 52sec]
Source：TED
http://www.ted.com/talks/michael_anti_behind_the_great_firewall_of_china
作者: TaoRs92 时间: 2014-4-25 23:57
[attach]142421[/attach]
The logo of Sina's Chinese microblog website Weibo on a screen in September 2011.
Sina is planning a U.S. initial public offering for Weibo in the second quarter.
China's Sina Plans U.S. IPO for Weibo
Internet Company Plans to Raise Around $500 Million From Listing in 2nd Quarter
By PAUL MOZUR And PRUDENCE HO
Updated Feb. 25, 2014 1:09 a.m. ET
China's Sina Corp. is planning to raise $500 million by launching an initial public offering in the U.S. for its Weibo microblogging platform. Paul Mozur explains what Weibo is and where it fits among the hierarchy of social-media sites.
[Warm Up]
China's Weibo social-media service has transformed discourse in the world's second-largest economy, giving a generation of young Chinese a way to reach millions outside traditional government-controlled media channels.
Now Weibo's owner hopes to take it public in the U.S.—at the same time that the service faces its biggest challenge to its four-year reign as China's top online forum.
Sina Corp. is aiming to raise roughly $500 million in a second-quarter U.S. initial public offering of the Twitter like service, according to two people with direct knowledge of the deal. Sina—which is already listed in the U.S.—has hired Credit Suisse AG and Goldman Sachs Group Inc. to handle the U.S. listing, one person said. The Financial Times reported the Weibo IPO plans earlier Monday.
Along with the U.S. listing, Weibo could get a further boost from Alibaba Group Holding Ltd., the Chinese e-commerce company. People familiar with the plans of the companies told The Wall Street Journal that Alibaba is likely to increase its stake in Weibo to 30% from 18% if an IPO takes place. In April, Alibaba bought the 18% stake in Weibo from Sina for $586 million as it moved to broaden its mobile offerings.
Details of a Weibo IPO weren't clear, but the value of Alibaba's purchase suggests it would represent a minority stake in the business.
Alibaba's interest in potentially raising its stake in Weibo comes as it also considers its own IPO, in either Hong Kong or the U.S.
[250 words]
[Time 2]
Alibaba's move to invest in Weibo last year was part of a brewing competition among Chinese Internet giants to capture the increasing number of Chinese tapping the Internet through mobile phones and gadgets.
Its main competition is Tencent Holdings Ltd. , which owns the popular WeChat instant-messaging app and poses an increasing threat to Weibo. Sina has said that online Chinese are spending more time on WeChat at the expense of Weibo. Tencent declined to comment.
Weibo faces pressure on the political front, too. The Chinese government last year cracked down on some of Weibo's biggest personalities and launched what it called an antirumor campaign, which raised concerns among analysts that the service's popularity would erode. Chinese authorities arrested a high-profile commentator on charges of soliciting a prostitute, warned others and expanded criminal laws that make it easier to prosecute people for their online activity.
In January, a government-established research group said the total number of microblog users in China fell 9% to 280.8 million last year from 308.6 million in 2012. It didn't specify which microblogs experienced the drop. Besides Sina Weibo, a number of other organizations offer microblogging services, including Tencent, Sohu.com Inc. and the People's Daily newspaper.
In a conference call with investors on Monday in the U.S., Sina Chief Executive Charles Chao said the drop likely stems from platforms other than Sina's Weibo. He said Weibo's user numbers rose slightly to 61.4 million at the end of December, from about 60 million at the end of September. He also said time spent on Sina's Weibo expanded 16% from December 2012 to December 2013.
He said Weibo in the fourth quarter achieved its first operating profit, of more than $3 million, on advertising revenue of $56 million. The company's overall fourth-quarter profit jumped to $44.5 million, or 59 cents a share, up from $2.4 million, or three cents a share, a year earlier. Net revenue increased 42% to $197 million.
Still, Mr. Chao said Sina's Weibo was experiencing a slowdown in growth momentum. He said Sina would continue to invest in the platform in 2014 and also seek to run more promotions, such as cooperation with popular television shows.
[362 words]
[Time 3]
Weibo—which means "microblog" in Chinese—works much like Twitter, allowing users to send brief public messages to followers who can comment on or repost them. It was launched in 2009 and attracted large numbers of users as it became a sort of virtual town square where Chinese could discuss anything from pop stars to corrupt politicians. China's online community demonstrated Weibo's power over public opinion in July 2011, when it became a significant platform for criticism of the government's response to a deadly collision of two high-speed trains outside the city of Wenzhou.
Despite Weibo's popularity, Sina has been slow to make money off Weibo, partly over concerns that ads would alienate users. The $56 million of fourth-quarter advertising revenue from Weibo is nearly triple the year-earlier period but still less than 30% of Sina's overall net revenue for the most recent quarter.
Alibaba has allowed for the integration of its online payment platform, Alipay, into Weibo and has also been cooperating with Sina to feature advertisements from its merchants.
A person familiar with the deal said the Weibo listing plan is in part designed to ease management burdens on Sina, which also runs an online portal featuring news and entertainment. The person also said the listing would give Weibo better exposure to outside investors and enable the company to benefit employees who have shares or would be issued shares.
A recent Barclay's note valued Sina's 71% stake in Weibo at $4.1 billion, compared with its total valuation of Sina at $6.4 billion, meaning that a full divestiture of Weibo would rip away the greater portion of the company's value. Still, that could be beneficial to investors, given the relatively strong recent performance of Chinese Internet stocks and the potential for investors to put money directly into Weibo, long considered a core to Sina's future growth.
[309 words]
Source：The Wall Street Journal
http://online.wsj.com/news/articles/SB10001424052702304834704579402412939770616
[attach]142423[/attach]
Sina Weibo shares jump 19% in US debut
By Paul Handley
April 17, 2014 5:27 PM
[Time 4]
New York (AFP) - Sina Weibo, China's answer to Twitter, debuted on the Nasdaq exchange Thursday with a 19.1 percent jump despite an IPO that went out undersubscribed and lower priced than hoped.
In a spate of buying that suggested that Wall Street's waters are still welcoming to loss-making technology high flyers, and to Chinese firms as well, Weibo shares rose from the subscription price of $17 to as high as $24.28, before settling the day at $20.24.
That is good news for Alibaba, the immensely profitable Chinese online commercial gateway that is preparing its initial public offering for the US market later this year.
Weibo sought to raise $380 million by selling 20 million shares for as much as $19 each.
But underwriters could only find demand for 16.8 million shares at the low end of the offer, $17, bringing the company $287 million.
[attach]142424[/attach]
China's Weibo CEO Charles Chao (C) stands with Robert Greifeld, Nasdaq CEO, moments after Weibo began trading on the Nasdaq exchange under the ticker symbol WB on April 17, 2014 in New York City (AFP Photo/Spencer Platt)
Charles Chao, the chief executive of Chinese online power Sina Corp, Weibo's parent, shrugged off the undersubscription, saying it was mainly important to achieve the listing and establish Weibo's separate identity.
"It's a tough market... The entire IPO market is rather soft," he told AFP in an interview.
"To have a successful listing for us is probably the most important. We do not actually care too much about the temporary price for the stock," he said.
"If we can over the longer term keep executing our strategies and innovating in a very focused way, we can create shareholder value."
Weibo, launched in August 2009, is China's largest social media service with 144 million active monthly users. It is most often compared to Twitter.
But by allowing more content and functionality, it overlaps with Facebook as well. Twitter and Facebook are banned in China.
Weibo has yet to make a profit, losing $38 million last year on revenues of $188 million, and another $47 million in the first quarter of this year, though revenues jumped to nearly $68 million for the three months.
[attach]142425[/attach]
China's Weibo CEO Charles Chao takes a cell phone picture in Times Square moments after Weibo began trading on the Nasdaq exchange under the ticker symbol WB on April 17, 2014 in New York City (AFP Photo/Spencer Platt)
Chao said Weibo is rapidly building income from display and performance-based ads.
"We are making great progress in both advertising areas, serving different clients bases from brand advertisers to SMEs (small and medium-sized firms) to e-commerce merchants," he said.
"There is no question that (Weibo's) revenue growth is much higher than our existing portal business."
[382 words]
[Time 5]
- China slowdown no worry -
[attach]142426[/attach]
A man walks past the office entrance of Sina Weibo, widely known as China's version of Twitter, in Beijing on April 16, 2014 (AFP Photo/Wang Zhao)
Critics say Weibo faces a challenge from rival network WeChat, owned by China's Tencent group, but Chao says the two are distinct.
While Weibo's messaging is open and public, WeChat users confine their messages to their own selected groups of followers, keeping discussions private and offering more protection from Beijing's censors.
Even so, he admits, the two compete with each other in terms of time spent by the users. Yet Weibo has the advantage for advertisers, he insisted.
"Fundamentally... a public network is much more efficient than a private network," he said. "A private network can never be efficient in terms of content distribution."
Chao also said China's economic slowdown was also not a problem for Sina or Weibo, and could possibly work to their advantage.
"Maybe a downturn in the economy will have some impact on the advertising business we are doing, but over the longer term, we're not concerned at all."
"The Internet has proven that it is very resilient... What the Internet does is, it increases the efficiency of everything, and so sometimes in bad times Internet companies can perform better."
In New York for the IPO, Chao ran into questions about China's tough censorship of the Internet. He argued that Weibo has been a key player in giving all Chinese a voice, and that China has progressed a lot.
"There is no question that each country will have their own rules in terms of regulating the content industry or content behavior by users on the Internet... China is no exception," he argued.
"We are very experienced in terms of complying with the laws and regulations in this area. So I don't think it’s a big concern for us."
[290 words]
Source：Yahoo News
http://news.yahoo.com/weibo-ipo-below-expectations-raises-285-6-mn-034336602.html
[attach]142427[/attach]
Sina Weibo's IPO Is Not Going As Well As Planned
AGENCE FRANCE PRESSE
APR. 17, 2014, 7:11 AM
Weibo Corp., a subsidiary of Chinese Internet behemoth Sina, has filed for a $500 million stock offer in the United States, the ultimate exercise in capitalism, as it seeks funds to grow users in the face of pressure from newer competitors.
[Warm Up]
Sina Weibo sold fewer shares than expected in its US IPO which was priced below expectations ahead of a Thursday listing that takes place after tech selloffs on Wall Street.
The firm, often described as China's version of Twitter, sold 16.8 million US depositary shares, according to Dow Jones Newswires, while a person familiar with the deal told AFP each share was priced at $17.
That means it raised $285.6 million before the sale of any additional shares to underwriters.
The figures are well below the 20 million shares and $340 million it had been aiming for -- reflecting a cautious mood after the tech-weighted Nasdaq index tumbled for more than three weeks.
The pricing is at the low end of the $17-$19 range at which the Beijing-based firm had been expected to offer its shares.
In March, Weibo had estimated the value of its initial public offering at as much as $500 million.
The offering comes as Chinese e-commerce giant Alibaba -- a shareholder in Weibo -- is preparing its own eagerly anticipated IPO later in the year, which is expected to be the biggest in the tech sector since Facebook's in 2012.
[194 words]
[Time 6]
Sina Weibo -- launched in August 2009 to provide services akin to Twitter which is banned in China -- is a leading social media site in a country with the world's largest population of Internet users at 618 million.
But it is facing questions about the size of its user base as well as rising competition from local rivals including Tencent's WeChat, an instant messaging platform that allows users to send text, photos, videos and voice messages over mobile devices.
- 'Quite uncertain' path -
Zhuo Saijun, a Beijing-based analyst with consultancy Analysys International, said the disappointing price was not a surprise given the challenges Weibo faces.
As its value in delivering news and information decreases, people will rely on it less for information, he said, making "quite uncertain" its road to commercialisation.
"On that basis, it’s not telling a very good story, so it’s quite normal to see a cut in its valuation and everyone being downbeat about it," he said.
Weibo's challenges in transitioning from PC terminals to mobile ones pose another problem.
"Its user engagement and multiple competitors on mobile devices are one big important reason for its awkward situation," Zhuo said.
Weibo's ascent has also hit speed bumps due to a social media crackdown by Beijing, which tightly controls online activity.
Ongoing troubles in the Nasdaq -- fuelled by concerns that some tech stocks such as Facebook and Netflix are overpriced -- has hit a number of recent IPOs.
All five companies that went public in New York on Monday and Tuesday offloaded their shares for less than they had forecast.
And on Wednesday, an IPO by Sabre Corp, a tech company specialising in travel booking, saw it sell 39.2 million shares at $16 a share, raising $627.2 million.
That came under expectations for a sale of 44.7 million shares for up to $20 that could have made almost $900 million.
[319 words]
Source：Business Insider
http://www.businessinsider.com/sina-weibos-ipo-is-not-going-as-well-as-planned-2014-4
作者: TaoRs92 时间: 2014-4-25 23:57
Part III: Obstacle
[attach]142428[/attach]
The internet
From Weibo to WeChat
After a crackdown on microblogs, sensitive online discussion has shifted
Jan 18th 2014 | BEIJING | From the print edition
[Paraphrase 7]
WHEN Luo Changping, an investigative journalist, tried on November 22nd to post the latest chapter of his big scoop on WeChat, a popular Chinese mobile messaging service, censors blocked it. But he was able to work round them. In a follow-up message he told his subscribers they could send him the words “Chapter Seventeen”; users who did so automatically received the post on their mobile phones, uncensored.
WeChat, or Weixin in Chinese, is known mostly for private chatting and innocuous photo-sharing among small circles of friends. With more than 270m active users, it has become the star product from Tencent, an internet conglomerate. Some have compared it to WhatsApp, an American messaging service. More quietly, it has become the preferred medium for provocative online discussion—the latest move in China’s cat-and-mouse game of internet expression and censorship.
Mr Luo began posting his serialised stories on WeChat in May. They related how he had exposed the alleged corruption of Liu Tienan, a senior economic official. He had tried tweeting them on Sina Weibo, a Twitter-like microblog on which he had accused Mr Liu of corruption months earlier, but internet censors blocked him from doing so: hence his switch to WeChat. Though his initial attempts there were also blocked, the loophole that enabled him to send out the file is typical of WeChat’s more relaxed approach to censorship.
A WeChat account works much less publicly than accounts on microblogs (of which Sina Weibo is the most prominent). Anyone using Sina Weibo can see almost anyone else’s tweets and forward them on, meaning a single tweet can spread very quickly. On WeChat, it is usually only subscribers to a public account who will see a post (though such posts may also be viewed on a separate web page), and if a subscriber forwards a post, only that subscriber’s circle of friends see it. Its non-public accounts are even less open. Information on WeChat spreads at such a slow burn that authorities feel they have more control over it. Also in contrast to microblogs, many types of public account (like Mr Luo’s) can send out only one post to subscribers a day, making them much easier for authorities to monitor.
Mr Luo does not always have problems sending out his stories on WeChat and, since switching to the service, he has posted the equivalent of a blog post every week or two, and built a following of more than 60,000—“higher than the actual subscription figure of many Chinese magazines”, he says. WeChat is now his prime delivery platform for newsy titbits, including sensitive information that would be censored more rigorously on microblogs. (He has not published for Caijing magazine, his former employer, since being transferred in November to a non-reporting position at an affiliated research institute.) Meanwhile, he makes much less use of his Sina Weibo account, even though it has more than four times as many followers: “The ground for public opinion has begun to shift toward WeChat,” he says.
The rise of WeChat is a business phenomenon in its own right. But it is also a measure of how adaptive and resilient China’s political and social discourse has become—almost as adaptive as the censorship regime that seeks to contain it. Recently a number of public intellectuals have lamented the decline of meaningful discussion on weibo. The microblogs were full of user-led activism in 2012 but, starting in 2013, officials have dramatically escalated their efforts to control them. Propaganda outlets have intensified attacks on the spread of rumours online, authorities browbeat online celebrities to be “more responsible” (at least two have been arrested on unrelated charges), and microbloggers can now be jailed for up to three years for tweeting false information that is forwarded 500 times or viewed 5,000 times. President Xi Jinping, in a speech to party leaders in August, said that the internet was the prime battleground in the fight over public opinion, and that officials must seize control of it.
Clearing the vegetation
By the end of 2013 a propaganda official boasted that the authorities had successfully “cleaned” the internet. Some public intellectuals have given up their microblog accounts. One described the internet and microblogs as being in a “vegetative state”.
The decline in activity on weibo has been real and measurable. The Public Opinion Monitoring Office of People’s Daily Online, a party mouthpiece, found in a study that the number of “online exposés of negative social events, especially critiques of government” has decreased significantly. The study found that postings on weibo by 100 opinion leaders fell by 10% in the two months following a warning from a senior official last August that popular microbloggers should be more responsible online. Voices also became “more positive”, the study found.
But discussion on the internet is not in a vegetative state so much as it is migrating and mutating. WeChat represents the new field of battle online, and official voices have been quicker to adapt to it than they were to weibo, whose rapid rise from 2009 caught them by surprise. Many state-run media already have WeChat accounts. Still, independent voices find that, since WeChat networks are more private than weibo, their interactions are more fragmented and personal, but also less subject to scrutiny and censorship because their reach is less broad. (Unlike microblogs, WeChat does not disclose how many subscribe to individual public accounts.)
Activists are under no illusion, though, that WeChat accounts are private and secure. Tencent is a long-trusted Chinese internet giant that has deep ties with the Communist Party. Ma Huateng, its founder and chief executive, is a delegate to China’s national legislature. Mr Xi visited the company’s headquarters in Shenzhen in December 2012, shortly after becoming general secretary of the party. As with any Chinese internet company, Tencent’s interest is in making a profit, not in fostering a subversive national conversation that could lead to its service being shut down.
But the lack of transparency on WeChat presents a different challenge to the authorities from that posed by weibo. When a rumour starts on weibo, it can be stopped on a public platform, says Mr Luo. When grumblings develop on WeChat, they are more likely to fester quietly for longer. If a rumour is spreading, there is no public platform to refute it, he says. “I think if something really happens, WeChat would do a lot more damage than weibo.”
[1110 words]
Source：The Economist
http://www.economist.com/news/china/21594296-after-crackdown-microblogs-sensitive-online-discussion-has-shifted-weibo-wechat
作者: wangweiyi5332 时间: 2014-4-26 00:02
一直等啊~~终于等来了。。占个座在去睡！！！
Speaker
that ted talk show us how our government control our way to internet. I rememberd one old saying that the person who control media will control the mind .Much freedom of internet will threaten the reign ,but much regulation of internet will threaten the democracy . while weigning the reign or democracy , government balance inclined the reign.
Timer2 2:40
micoblog of sina want to list in US .Alibaba invest in Weibo of 18% for 586 millions. the number of its users has fallen since 2013 ,but its top executive said the profits of Sina still increased.
Timer3 2:20
Weibo has became a platform that citizens can talk everything from commenting the top stars to criticizing the political . Weibo exert its great power for criticizing the government since the accident of Wenzhou. Although Weibo listing may bring some threats to Sina and decrease its profits, it is still good to investors.
Timer4 3:00
Before the IPO Weibo is in subscription,and its price was lower than what executives previous thought .But executives expressed that listing is more important than price, and they believe Weibo can perform well after its listing. In order to perform better, Weibo has slowed down its mainly revenue from ads merchants. The executives said Weibo or Sina is a nice place to small company to expand its business.
Timer5 2:11
Weibo VS Wechat.Weibo is open and public ,while Wechat users confine their messages to their own selected groups, keeping discussions private and offering more protection from Beijing's censorship. But they are certainly in compete with the time spent by the users. Weibo do not worry about the economic slowdown which may also be an opportunity for some ads merchants. when he was asked for the censorship of Beijing ,he replied that every country has its rights to regulate its context industry or contest behaviors by internet users and the company is just experienced compliance with laws that regulating them.
Timer 6 2:30
Weibo earned less money than it expected. Some concerns have been raised.1 less users depend it on information 2 Beijing regulate more on online activity. 3 other tech companies performance on IPO also affect it.
Obstacle 9:28
Weibo has been regulated a lot since Mr Xi was on stage.and the results is so singnificant that the number of users who discussed the sensitive topic fell rapidly. Since Wechat is more private and has less censorship ,it spread message slowly and the authorities thought it could be under control more easily. But researchers said that if some provocative activity spread on Wechat, We chat would do a lot more damage than Weibo because We chat do not have a platform to refute the provocative rumor .
作者: hysteries 时间: 2014-4-26 00:11
辛苦啦！！！
感觉上了一大课，感谢TAO～
-------------------
【Speaker】
About China's Internet,
China is a BRICK(金砖五国) and SICK country（no access to facebook）
China has a great firewall preventing Chinese own citizens from browsing international web.
Chinese government blocked every single international web.However the server is kept in BEIJING .
Weibo is a big platform allowing Chinese citizens to talk about almost everything, however anything that may threat the regime is not allowed. (Such as the leaders in China)
The train crush in Wenzhou is a tyypical affair which shows that information is increasingly transparent to the citizens.
We fight for our freedom without fair
【Speed】
time 6 00:01:09.02
warm up' 00:00:37.94
time 5 00:01:09.17
time 4 00:01:16.63
time 3 00:01:31.78
time 2 00:01:57.13
warm up 00:01:12.33
【Obstacle】
Wechat is a platform which can converting information to people subcribing to it. As a result, it is less transparent than Weibo, on which almost everyone can see the information forwarded by a single public intellectual.
Mr. Xi has pointed out that the government should take control over these platforms.
作者: TaoRs92 时间: 2014-4-26 00:12
今天发的有点晚，大家明天再来做吧
time:
Weibo's IPO plan in U.S./500 millions.
Alibaba's purchase for Weibo--minority stake.Plans to increase the proportion if IPO takes place.Alibaba also plans its won IPO in U.S.or HK.
______________
time:
Weibo face challenges and competitions.
1 Competition from Tencent's Wechat.
2 challenges from government antirumor activities.
Survey finds that the number of microbloggers is declining.But doesn't target specific microblog.
Sina saids Weibo's users didn't decline,but become more.Weibo also runs well.But the growth is slowdown.
_______________
time:
Brief introduction of Weibo.
Weibo is popular in China,but its advertising revenue takes a minor proportion in Sina's whole revenue--fear to alienate users.
Alibaba coorporates with Weibo.
The reason of Weibo's IPO--better deal with management burdens/become a global brand to attract international investors.
Weibo seperates from Sina--may have some negtive impacts because this will decrease Sina's whole value.But this will do good to investors to invest directly to Weibo.
_________________
time:
Weibo's IPO.Its subscription price(20.24).Target--20 million shares,$19.Result--16.8 million shares,$17(low end).
Chao's words--
temporate price not very important.
list and independent is more important.
Weibo will make profits for investors.Though face some decline,it is the best revenue grower in Sina.
_______________
time:
Weibo's challenges.
1 competition from Wechat--different choices.Weibo is more open.
2 China's economy slowdown--sometimes in bad times,companies can perform better.
3 government censorship--Weibo is good at following laws while give people chances to express their ideas,government also support.
________________
time:
Brief introduction of Weibo's IPO result.
______________
time:
The down valuation is not a surprise,considering the challenges and competitions Weibo facing.
Shrink user group.Tighter government control.Serious competition from other mobile devices.
______________
time:
WeChat become popular.Some users of Weibo start move to WeChat--better adapt to censorship.
On the one hand,
WeChat is eaiser for government to control and manage.(not open and spread fast like Weibo.and have limitation.)
On the other hand,
WeChat allow more sensitive information to be posted than Weibo.
So users shift to WeChat.
This phenomenon reflects the adaptation to censorship--antirumor activities/officials ask users to be more responsible for the information they post and spread.
Surprising fact--official vocies adapt to WeChat quickly,many official media have already opened their WeChat account./individual vocies can interact with less censorship.
Tencent has a relationship with government.
But WeChat may create more damage than Weibo.Because information in WeChat can spread quietly and longer,more difficult for government to notice.
作者: 疏离无罪 时间: 2014-4-26 00:12
地板~~~~~
TaoRS每次的专题都好棒！
Speaker: China is a complicated country.It is a BRIC and SICK country,especially in Internet.The internet society is booming now.And Chinese government has a smart censorship.It use this policy:block and clone.Block the foreign social media,creat own social media and censor them.Those who just use part of the policy such as Egypt and Turkey fail eventurally.Now microblog works more as a media and media platform.Vioceless people can make a sound on it.People begin to chat and negotiate.But the censorship upgraded,too.Sensitive words are used.But the microblog really change local governments,because they have no access to these censor data.Moreover,microblog becomes a political tool and used in political fight.Politicans just need to stop censor sb and let the rumor go on Internet.And the social media can also centralize the structure to grow central government's strength.
01:51
Sina weibo is facing two challenges now:Wechat of Tencent and political front from government.Though users fell a little but time users spent on weibo increased.And the profit of Weibo in fouth quarter raised a lot.
01:40
For the character of Weibo,it becomes popular soon after it released.But it has problems in making money for the company.The IPO may ease the management burden of Sina and bring many other benefit.Weibo is valued 71% stake of Sina.
02:07
The stock price of Weibo jump 19% in US debute despite an IPO that went out undersubscribed and lower priced than hoped.Revenue of Weibo is rising quickly in recent month.
01:20
The direct competitor of Weibo is Wechat of Tencent.Though they focus on different aspect,they strive for users' time.Chao thinks that Weibo can be more attractive to advertisers.And the slowdown of economy of China and censorship won't be a big problem.
01:26
The disappointing IPO price is predictable.Because Weibo is facing questions about the size of its user base and challenge from local rivals.It also has problems in transitioning from PC terminals to mobile ones.While all social media stock such as Facebook and Netflix are overpriced,these new IPOs are affected heavily.
06:45
Main Idea: Online discussion is tranfering from Weibo to Wechat.
The article tell the story about the idea from the aspect of a journalist.He used to posted his ideas on Weibo and blocked by censors.And now he posted them on Wechat,becuase the character of Wechat make it has less censorship.The leophole of Wechat let it become the new platform of online discussion.
Now more censorship is there on Weibo.Because as a public social media platfrom,government need to control the rumors on it to keep the authority stable.But this action makes many opinion leader give up Weibo and makes Weibo a vegetative state,because these leader may be put into jails if they tweet "wrong" infromation.
However,as a private and personal platform,Wechat can just send ideas to those selected people,which make the government think it OK to not put too much attention on it.But this character also may be difficult for the government to stop rumors spreaded on Wechat.
作者: 小蘑菇开始打怪 时间: 2014-4-26 00:18
占了这么多座真的好嘛呜呜呜
---------------
之前写的论文就是关于微博IPO的，所以看了很多中文评论。。
warm up:1:11
weibo is going to IPO in US
Alibaba is going to increase its proportion of the total stock of weibo because it may influence its own IPO
time2:1:56
weibo meet a strong competitor who is wechat
even through the government make a limitation on the content of the weibo, weibo still have a great increase in the past year and more people started to use weibo and spand more time on it
time3: 1:54
the investment activity between weibo and Alibaba
the IPO will give investors more confidence on the Internet stocks and the future growth of weibo and Alibaba
time4:2:05
weibo rose a lot after it IPO
the CEO of sina is confident about the future growth of weibo and want to pay more attention to weibo to make more profit
the next strategy of weibo is to promote more display and performance-based ads
time5:1:04
weibo and wechat are doing completely two things even though they all provide social network
in the mind of the CEO, a public network is much more efficient than a private nerwork
weibo is doing something to confront the limitation about the content of each weibo the users are allowed to send because the government puts some laws and legislation on the Internet
warm up:
the final IPO price of weibo is lower than before which reflect a cautious mood
some comparison between weibo and twitter
time:6
there are many uncertainties in the estimation of the price of weibo
weibo is now facing some problems such as the competition from wechat and the transformation problem from PC to mobile device
recently, some Internet stock such as facebook and twitter decline a little reflecting these stocks has some kinds of overpricing
time7:
some information about wechat
many users are now transfering from weibo to wechat because wechat is a platform with more privacy
some people may charge that wechate has less public influence than weibo, however, wechat is more effective and the information may be more accurate in wechat
with the decline of weibo, wechat is promoting its official platform
some public intellectuals have given up their microblog accounts
wechat accounts are private and secure
作者: cherry6891 时间: 2014-4-26 08:46
占座~~~~thanks~~~TaoRs
Speaker: tell the story the start and development of weibo,
How weibo works social life and the what that mean to china,then he gave several examples, such as wenzhou train crash,
Obstacle:the ground for public opinion has begun to shift from microblog to we chat because of a crackdown on microblog
Warm up 2’10’’
Weibo made a transformed discourse in China
Weibo is gonna take it public in US
Alibaba bought 18% atakes from Sina as it moves to boarder its mobile offerings
Time2 2’23’’
Alibaba investing in Sina was brewing competition to against Tecent
Weibo faces the threat of we chat which is run by tecent,
At the same time,weibo faces pressure from political front which lead to the microblog user fell 9%
Time3 2’32’’
Weibo was popular as a virtual town to discuss about anything,however, sina was not rush to make money because that would alienate user
The core value of Sina is on weibo
Time4 5 5’00’’
Sina weibo shares jumps in us debet
Cao said that weibo has two advantages comparing to wechat
Weibo can share information with followers while wecant confine the messages to selected groups pf followers
Weibo has the advantage to do ads
作者: TINGYI-2014 时间: 2014-4-26 08:57
谢谢楼主~~~
2'52 Weibo plant to initial pubulic offering in US in the second quater this year. It aim to raised 500 milion dollars.The Alibba is raise its stake on Weibo.
3'05 Alibaba invested in Weibo to against Tecent which one have a popular app called wechat.But weibo have faced some serious event like some V be caught for some ambiguous reason. some reserch said the user number decline obviously.but the CEO of Weibo denied. He said the site operate well and have more users and people will spent more time on the sie. and he admit that it face some bottleneck effect but will find out other solutions like invest in TV.
2'43 Weibo have raised public attention for a long time and explod users from wenzhou train accident.users will commend on the government on the sit.but it did not be profitable because the site has few advertisement.the alibaba have investe in the site and will put its alichat on the site then ads will emerge.the management load may push it to the IPO. and the Weibo have play a important part in Sina group.the divestiture may rip the core of Sina.But it could be beneficial to investors.
2'54 Weibo did not have a good price in the IPO.The chairman said they did not care much about the price. The experiment will help Alibaba a lot. Weibo has yet to make profit.
1'40 Weibo vs we chat:pubulic website vs private chat. Mao thinks Weibo have more advantage on ads. He belive the slowdowm of Chinese economy will not have a great impact on Weibo neither the censorship.
1'29 Weibo did not perform as planed .alibaba will go on its IPO later this year.
2'15 Weibo face the compitition from Wechat. the low price is not that surprising. more compititors,censorship,and the concen of the overvalue of other Internet company such as facebook.The five company go on for the IPO all perform bad
9'49 Mr Luo has transport from Weibo to weixin for the censorship.Weixin is very different from weibo,which is public website. many people have trans to use weixin.the goverment have more control of the weibo and the authors are threatened to be more responsible to their words. Two V was caught for their words on weibo, leading to the decline of users and more shift to wechat.weixin's users rise. the tecent is more good at the relationship with the govement. Mr xi visit the company soon after his tenure. but weixin is more private.IF any rumore is spread, it may do more damadge than the public website such as weibo.
作者: slave918 时间: 2014-4-26 09:05
time2 2:37
sina's most competitive corporation isTencent which owns Wechat.
Also sina face pressure from government.
sina first makes profit.
time3 2:22
sina is popular however its revenue is highenough.
Listing has 2 advantages for sina, increasingits revenue and bringing more investments.
time4 2:11
weibo's listing price increased to a highlevel.
it's profit would increase in the future.
time5 1:55
weibo and wechat is distinct. weibo is apublic platform, while wachat is a private zone.
Weibo can attract more advertisers, andWechat is less been scrutinized by censorship.
economic slowdown in china may don't influencethe weibo, even may thrust its development.
Mr.Chao said that censorship is not uniqueand it is not a big deal for sina.
time6 2:01
Weibo face a stiff competition from Wechat.
its listing price is not surprise becauseof some reasons.
its transition from PC to mobile phone has2 problems: people engagement and competition.
Obstacle 7:04
Mr.luo could post his chapter on Wechatwhich is been less censored in china.
the backgrounds of wechat.
Mr.luo can't post on weibo so he choose topost on Wechat.
weibo is a public platform in china,instead wechat is more private than weibo.
how the censorship works in weibo.
the relationship between government andtecent is harmony.
thus, Mr.luo now uses Wechat more but he worriedthat rumor cause more damage on Wechat than on Weibo.
作者: 菜农人民 时间: 2014-4-26 09:06
炒鸡喜欢这种有固定主题的阅读，感觉能让人从不同方面，不同视角了解一个东西！赞一个！！！
speaker:
China is complicated, you can not tell a story about China.China has not only the Big Wall but also bing fire wall. we have 500 million Internet users. We have some copied brand, chinese Internet policies are very simple---block and clone. the energy of microbloggers is very strong~ some thing about shangfang...but now people use weibo,like a big TED... it's so hard to post some words, for example cao ni ma and he xie... China has not only central cat but also local cats but local cats can not use the data in BJ. the central gov use weibo to control local cats... (还是感觉中国人说的容易听懂 = = 唔，哈哈哈)
warm up 1:50
Weibo aimes to get 500 million in the second quarter. Alibaba will increase its stake in Weibo
Time2 2:50
Alibaba increases its stake in Weibo to fight against Tencent. but Weibo faces pressure on political front...the users have expanded in weibo...the revenu has expanded dramatically.
Time3 2:13
the presition of weibo, the cooperation relationship of weibo and Alipay...chinese Internet stocks and the potential for investors to put money directly into Weibo.
Time4 3:23
the value of Weibo shares jump 19% in US but the final price is lower priced than hoped. but the China's Weibo CEO is full of hope.
Time5 1:06
Weibo's CEO does not think that Wechat is the biggest rival network to Weibo,but they compete to each other. when asked about China gov's censorship of the Internet, he told that weibo was the bey player in giving chinese a voice and China progressed a lot.
warm up 0:56
Sina Weibo's IPO is not going as well as planned
Time6 2:03
competed with Tencent wechat,Weibo faces many problems, so the disappointing price is not surprise.
Obstacle 7:46
用汉语回忆吧：先说了一个人引出了微博上面的censorship，然后介绍一下微博，还有它的舆论引导的作用，然后说了官方开始整治，人们都转向了微信，但是官方好像也控制着微信。。。（貌似是= =） 最后有比较说微信其实不如微博好···唔，就记住这么多···
作者: AXIXI 时间: 2014-4-26 09:26
[Time2-- 3:16] Weibo faces tis biggest challenge from competition and government pressures.
-----------------------------------
[Time3-- 2:27] Weibo occupies Sina company's most valuation. Although Weibo is still popular in China, the over ads make the revenue from Weibo decrease.
-----------------------------------
[Time4--3:10 ] Sina Weibo debuted on Nasdaq exchange. Underwriters find demand for 16.8 million shares at the low end of the offer, which did not achieve the company's targets. Weibo has still to make a profit from display and performance-based ads.
-----------------------------------
[Time5--1:53 ] The company executioner is optimistic for the company's future.
-----------------------------------
[Time6-- 2:11] The reason for the disappointing price of the underwritings is the challenges in transitioning from PC to mobile, which is clouded by multiple competitors.
-----------------------------------
[Obstacle-- 7:55] The journalist Luo's Wechat was blocked by censors. WeChat is for private chatting and innocuous photo among small circles of friends. However, while Mr. Luo tried tweeting the article of alleged corruption people, internet censors blocked him from doing so. Mr. Luo said WeChat was his prime delivery platform for sensitive information and he also less use Sina Weibo. Nevertheless, Chinese officials tend to seize control of the internet, which was the prime battleground in the fight over public opinon.
-----------------------------------
作者: swetgallery 时间: 2014-4-26 10:02
1:29
Weibo is planning IPO in U.S.
It hopes to raise about 500 million dollars, but it could be more.
1:30
Weibo faces challenges for political factors
Investment in Weibo tend to increase in 2014
1:25
What is Weibo? (How can we use it?)
The benefits of its IPO
1:49
Weibo may face unexpected pressure after its debut (from Facebook, e.g.)
The executive of Weibo care more about the forum’s separate identity than its temporary price in U.S.
Weibo is experiencing loss, but executive does not show much concern about that
1:13
Chao says Tencent’s wechat is not a threat to Weibo, cause they are totally different. Also, sometimes the resilient economy and powerful Internet can give advantages for both.
Chao denies the concern for government control.
1:09
Weibo’s IPO does not go on well as expected
Alibaba plans to IPO later this year
1:33
It is not surprising that Weibo did not go well as expected
Several reasons: competitors(wechat), government censorship, overall economic trend…
5:14
Wechat is winning an edge over Weibo because it exposes to less scrutiny and censorship
However, problems may exist that rumor will stay privately for long without a public platform to suppress it
作者: cindy806178024 时间: 2014-4-26 10:22
Time 2: 2'56
Weibo's main competition is Wechat, which has abstract so many people spend time on it. Weibo faces pressure on the political front, too.Mr. Chao said Sina's Weibo was experiencing a slowdown in growth momentum.
Time 3: 2'30
Weibo works like Twitter and become popular among Chinese people because Weibo offers them a platform to talk whatever they want.A full divestiture of Weibo would rip away the greater portion of the company's value.
Time 4: 2'33
Weibo's debut in USA is not as good as it respected.
Time 5: 1'47
Weibo faces a great challenge from WeChat, but Chao says they are different, and Weibo have more advantages. The slowdown of Chinese economy has little impact on Internet. Chao says they have a good way to solve the censorship of Chinese government.
Time 6: 2'14
Some reasons caused the unexpected result of Weibo's initial went public. First is the WeChat, the second challenge is transitioning from PC terminals to mobile, the third challenge is all five companies that went public in New York on Monday and Tuesday offloaded their shares for less than they had forecast.
obstacle.
作者: huwanyue123 时间: 2014-4-26 11:32
Day 31
Speaker:
China is a BIRC country but also a SICK country, which means that China have a boundary for citizen to link with the outside Internet. China’s center government acts as a cat, and the citizens like mouse in China net.
The speaker hope one day we can tweet freely.
Speed
Warm up
1’12[250words]
Time2
2’18[362words]
two challenges Weibo faces: one is the WeChat, the other one is the public regulation.
Researches show that the total number of microblog users is declining, the boss of Sina Weibo believe the declination is due to other platforms such as Tetent, Sohu…
Time3
1’49[309words]
weibo is a great place for free discussing from pop star to corruption of government.
Weibo make money though advertisement, and Alibaba recently put Alipay into Weibo
The initial public offering is a two-win plan for Weibo and investors.
Time4
2’32[382words]
despite the undersubscribed and lower price than hoped, Weibo’s share jump 19% in US debut.
The chief executive Cao of Sina doesn’t believe in temporary price and he depend more on the long-term value.
A introduction of Weibo: similar to Twitter, but have some functions of Facebook
Time5
1’23[290words]
Cao doesn’t think Wechat is a fierce competitor because Weibo and Wechat are distinct. Weibo focus on public information releasing while Wechat is more private.
As for the problem of regulation of government, Chao says every country has its own rules in Internet.
Warm up
0’59[194words]
Time6
2’00[319words]
the price of Weibo is disappointing but not surprising.
Obstacle
7’20[1110words]
作者: yigo 时间: 2014-4-26 12:14
占座先···
作业后补
华丽分割线------------------------------------
4.26
TIME1 [1:41]
Weibo is going to IPO, and worth $500 Million.
Alibaba is going to increase its share from 18% to 30% of Weibo.
Alibaba is also said to IPO in Hong Kong.
TIME2 [3:12]
Weibo experiences a competitive rival-Wechat, which attracts most Weibo users to itsown platform.
Recently, Chinese government took online campaign and sentenced some famous Weibo usersfor rumor propaganda, an incidence that will affect the growth of Weibo.
Weibousers are reducing. But Sohu CEO said Weibo users are growing slightly.
Last quarter Weibo released its first profit season.
TIME3 [2:28]
Weibo is founded in 2008, and it became an important platform for Chinese web usersafter the accidents of Wenzhou Fast Train Crush.
Its profit grew slowing. Alibaba has integrated Alipay with Weibo to boost itsonline merchants.
Barclays valued Weibo a slightly less than Sina. Analyst feared that when Weibo gopublic, Sina will be affected. But people are optimistic about its future sinceChina’s on line market is still booming.
TIME3-6 [1:49] [1:59] [3:25]
Weibo’sprice has increased by 19.1% after it experienced a drop of open price.
CEO Chao shows confidence of Weibo’s future development, and he thinks thetemporary low price is not important.
Weibo V.S. Wechat:
Chao believes Weibo is open, while Wechat is private, and the open platform has morepotential.
Obstacle [7:23]Weixin has 270 million users and the number is still growing. It is a new platform toconfront with Chinese government censorship.
Luo, reported the corruption of Liu Tienan on Weibo, and his post were immediately deletedafter posting on Weibo. Then he moved to Wechat, because it is more private. That’sthe reason why many users turn from Weibo to Weichat. Wechat post can only beseen by its friends circle, different from Weibo, a twitter like social networkmedia.
Xi Jinping has expressed to control the on line content. The recently crackdown onsome famous weibo users is a demonstration of the government decision to placestrict control.
A researchshows that the negative comment of the government on Weibo is decreasing whilethe positive is growing.
Xi visited Tencent in 2012 after he gained his leadership, and Ma, Tencent CEO hasbeen a good relationship with communist party. so Wechat will not indulgepeople to place their unlimited expression, especially those related withgovernment and senior officials. Yet, the censorship on Wechat is much harderthan it is on Weibo. And Luo said, Wechat could be more dangerous than Weibo ifsome big thing happen.
作者: yangjunxxyy 时间: 2014-4-26 12:27
第一次跟阅读小分队~~~给自己加油
【Warm up】1'50"
WeiBo, a Chinese social network that broadern the young Chinese view from the tranditional goverment controled media to a international media, will start the IPO in U.S. and hope to get $500 m in the second quater.
Alibaba, the Chinese online commecial company will increase their perchase of the WeiBo to 30% from the orignal purchase of 18% in April.
[Time 2]3'33”
The investment of Alibaba in WerBo reveals the fiece compitition in Chinese internet social network company.
Tecent, the biggist competitor of Weibo, has the more users in their WeChat. Moreover, the user numberof the microblog in China has droped 9% during last year.
However, the chief of Webo reported that the user number increased slight and the average time spent on Weibo rose. Accordingly, the ad revenue grew. In addition, Weibo will run more promotions with the TV.
[Time 3]3'
Weibo is a Chinese version of Twitter. It allows users to put up short blog on the platform and lets the followers to comment and repost the information. The topic ranges from the scandles of superstar to the gavernment corruption.
Weibo slow down to put ads because they concern that the overflooding ads may drive off the users.
Now, the cooperation of Alibaba and Weibo promote the ads revenueof Weibo.
Weibo believes that the IPO can benefit the investors and the employees who hold the share of Weibo.
The IPO of Weibo can provide a especial chanel other than Sina for investors who are interested in Weibo
--------------------------------------------发现写的内容不够凝练-------------------------------------------
[Time 4]2'50"
Weibo's initial public offerring in NewYork experienced a surprising growth even though the price had been lower at the begining than previous thought. The chief of Weibo is optimistic for his company's performance, He said that to get listed and to gain Identity rather than to get money are the main goals of the IPO and believed the ads would bring more profits for Weibo.
[Time 5]1'30"
Chao believed that Weibo was more competitive than its competitor---WeChat, a private social network owned by Tecent corporation---maily because the more public feature guarantee the revenue from ads.
[Time 6]1'52"
Weibo sold fewer shares in the New York IPO Which are priced lower then expectations.
Analysists pointed out that the result was not surprisng after examining the situation Weibo faced. The main threat comes from its biggest competitor---WeChat. The other chanllenges are the hard transition of computer based to mobile phone based platform and the strick censorship from Chinese government.
--------------------------------------------------------------------------------------------------------------------
[Time 7]7'34"
作者: lilacrabbit 时间: 2014-4-26 12:32
谢谢楼主
掌管 8 00:08:16.00 00:22:33.71
掌管 7 00:01:54.06 00:14:17.71
掌管 6 00:01:25.64 00:12:23.65
掌管 5 00:01:47.65 00:10:58.01
掌管 4 00:02:46.03 00:09:10.36
掌管 3 00:02:04.64 00:06:24.32
掌管 2 00:02:25.89 00:04:19.68
掌管 1 00:01:53.79 00:01:53.79
作者: limin501 时间: 2014-4-26 12:48
这个话唠好可爱
作者: psychoarya 时间: 2014-4-26 14:09
［speaker］
China is a BRIC country. BRIC means Brazil, Russia, India and China.
China is also a sick country. SICK means Syria, Iran, and North Korea.
So China is a SICK BRIC country.
Not only does China have the Great Wall, it also has the biggest firewall.
The freedom of speech has become a kind of political tool in China.
The U.S. also has its own small cute but bad cats. We should prevent them from hooking up together.
［speed］
2:24’81
Weibo’s main competitor is Wechat of Tencent. And it’s growth is slow in recent time. The chief executive says that Sina will invest more money in platforms and in promotions.
2:11
the functions of Weibo and where its revenues stem from.
The cooperation between Sina and Alibaba.
2:52
Underwriters cannot find enough demand to buy Sina Weibo’s shareholders.
The chief executive said that what matters most is the listing of Sina Weibo.
1:23
Sina and Wechat are distinct. Wechat users restrict their space within more private sphere, whereas Sina is more public.
And the executive said that Sina is good at complying with laws and regulations.
1:59’13
Sina Weibo’s IPO is not going as well as planned, due to the challenges it is confronted with.
First is the technology, then its competitor Wechat. Weibo users use Weibo less frequently to know about information.
And the results of several companies’ IPO are not going well either.
[obstacle]
7:45
(1)A lot of users have changed their social circles from Weibo to Wechat.
(2)public accounts on Wechat can spread information more quietly than Weibo.
(3)Tencent has a intimate relationship with the Chinese party.
(4)once something really happens, Wechat can cause a lot more damage than Weibo.
作者: Lisauce 时间: 2014-4-26 14:49
来迟了555 二环不保！谢谢Tao~
作者: tian767 时间: 2014-4-26 15:15
Speaker
The firewall on China doesn’t reject everything. Behind the wall, weibo, ect have become new media in China.
T2 1:24
Weibo has main competition is WeChat. And Weibo is growing slowly recent year
T3 0:40
Some data of Weibo assets, and strongly suggest long-term invest
T4 0:44
Since Weibo IPO, it has not made a profit, losing 38 million on revenues of 188 million last year
T5 0:43
CEO of Weibo, Chao said the special rules in China wont be a big concern
T6 1:32
Weibo’s IPO is less than PPL had forecast.
O 4:00
Official choice influence to weibo and weichat
作者: 阿瓜0826 时间: 2014-4-26 18:58
谢谢TaoRS92!!报名后第三帖。最近熬了好几天夜，刚刚看的时候快睡着了。。。然后被时间吓到了
warm up 01:43
Weibo is preparing for its IPO in the US,where Sina has been listed.The corporation is said to have hired ..AG and Goldman Sach to help its IPO. It is said that Alibaba will increase its stake in Weibo from 18% to 30% once Weibo is listed,more or less helping its own IPO in the future.
Timer 2 2:46
Sina is faced with fierce competition from companies such as Tencent, whose We-chat has attracted more and more oline Chinese.Meanwhile,Sina blog users is said to have droped.
Also, the government has done something, such as arresting some famous commetators,to discourage online activities.
The number of Weibo users is said to have dropped. But the CEO said the drop stemmed from companies other than Sina Weibo, because in fact the users of Sina Weibo have increased.
Timer 3 2:27
Weibo means microblog, which serves as a platform for comment from its users. An example is that in 2011 it offered Chinese a platform to criticize its government's reaction to the collision of two bullet trains.
However,Sina doesn't make much money off Weibo, because it worries that too many advertisements will alienate its users. Currently it is cooperating with Alibaba.
It is said that the listing deal of Weibo will relieve Sina's pressure. Going to public, although means a decrease in holdings from Sina, benefits Sina's future growth.
Timer 4 03:23
Weibo debuted on Nasdaq with a jump of price though it is undersubscribed. It started at $17, jumped to $24.28 and then settled a day in $20. Alibaba benefited from Weibo's debut, as it is also preparing to be listed in the US.Weibo hoped to raise $386 million from its stock,but underwritters didn't find that much demand.The CEO of Sina said the successful listig, rather than current price, really mattered.Weibo serves as a combination of Twitter and facebook, and has had a high growth in recent years.
Timer 5 01:36
Weibo is faced with competition from Wechat, but Chao said the two had ditinct function: Wechat is more private, while Weibo is a public platform in which information distribution is more efficent.He also said the economy downturn in China wouldn't influence Weibo much, because Internet has proved that it is resilient, and sometimes Internet companies even do better in economy downturn.As for worries about censorship, he said every country has its own rule, and Weibo is experienced in complying to regulations a giving people a voice.
Timer 6 01:36
Given the competition Weibo is faced with, the fact that its price is lower than expectation is not surprising.Besides,it is also affected by the censorship on online activities from Beijing.Furthermore,people are worried that the some tech stocks such as Facebook are overpriced,causing a hit to recent IPO of tech stock.For examples,5 companies that went public on Monday and Tuesday all sold their shares less than expected.
Obstacles 07:34
Luo has changed his activities from Weibo to Wechat, because Wechat is more private and thus less likely to be blocked by authorities.
The rise of Wechat reflects how resilient Chinese are in defending their right of expression.
Many peoples have given up their microblogs activities,making it become "vegetable state".
其它的真的记不住了。。。囧 考GMAT前决不能这样熬夜。。TAT
作者: 盘腿大王 时间: 2014-4-26 19:05
谢谢楼主~每次主题都很有意义~辛苦了~~
视频没有找到有字幕的 貌似都被和谐了= =。。。不过是中国人讲的 很容易懂
文章比较简单就没有总结了~
time2[2'48]
time3[2'11]
tine4[2'47]
time5[1'55]
time6[2‘27]
作者: zmh_0617 时间: 2014-4-26 19:25
Time 2 1’20
Weibo face many challenges from the government and from the customer. It will still invest money in 2014 and improve its service.
Time3 2min
Weibo is popular in China but Sina make money slowly. Alibab corporate with Sina on the online payment. A study shows that Sina is worth to invest money.
Time4 3min
Weibo would like to raise money through selling shares. They are convinced that through improvement and executives, they would profit in the long run.
Time5 3min
Weibo is a way for Chinese people to have their own voices, a really big progress. Some people say that Weibo face many challenges since the slowdown of Chinese economy in last year, whereas the online basement are not affected by the the real economy.
Time6 3
Face questions of customer basement and rivals from local company.
作者: flabby2011 时间: 2014-4-26 20:32
好像做错了呢，今天读了前天发的，明天看这篇帖
作者: 槁项黄榆 时间: 2014-4-26 20:37
time2 2.06 Sina weibo are going to list in the US. If weibo succeed to go public in America, Alibaba will purchase more stake of Sina.
time3 1.44 Alibaba invest in weibo, because more and more Chinese are tapping internet through mobile. However, the popularity of weibo has been theartend by its compitior's services and political problems.
time4 2.09 weibo was launched in 2009, and it power was noticed by citizens in 2011. Even though Sina has slow to make money off weibo, it has been considered the core to Sina's future growth.
time5 2.27 the price of weibo has jumped 19.7 percent since its listing. Chao siad it is a important time for weibo and they will continue to make value for their stakerholders.
time6 1.38 Sina think weibo and weichat are distinct. besides, the slow down of Chinese eonomy and the censership of goverment will not trouble weibo.
time7 1.51 the low price is not a surprise for Sina. five internet companies that listed just before weibo also got prices under expectation.
作者: triway 时间: 2014-4-26 21:55
Speed
Time1 1'50
The Sina corporation is planning to raise a 500 million dollars by launching initial public offering in the U.S. for the Weibo.
What Weibo is?
weibo is a platform which gives the new chinese generation a way of touching the outside word which is not under control of the chinese goverment.
Now the Weibo's owner is going to trake it in the U.S. public.
Alibaba, another chinese e-commerce bought a minority part of weibo of sina and it will increase it steak to 30 percent from 18 percent if IPOtakes place.
Time2 2'30''
The two principal competition that met by sina weibo is that
1. The competition with Tencent corp. whose message sevices which attracts more people than sina does.
2. the government of China which set up the unrumor fights and claims to purify the enviroment of the internet.
Morever, the statistics say that those years, less people are intrested in microblogs and the custermurs declined a lot.
But the owner of the Sina corp. said that they will still invest more money in this platform while the numbers of users increase from septembre to december.
Time3 2'20''
The Weibo same function as Twitter, it means that the chinese can discuss what ever in the ground of weibo, from pop stars to corrupt politicians of China.
How can Weibo make money?
Adevertisement is the best way but what the corp. profite from Weibo is less than 30 percent of its whole revenues.
Alibaba have ingreted its way of making advertisements.
The lisiting of Weibo can be attractive to the foreign investors and it's a good opportunity and exposure to Sina.
Time4 3'29''
But after several days of listing, the price declined than we thought, Chao said that the entire IPO market is rather tough.
What's more, he is still optimistic and said he didn't care the comtemporary price but to care more about the strategy and the next competitions.
They make money in both adevertising areas, for the SMEs as well as the other e-commerce merchants.
Time5 China slowdown no worry
1'55''
The biggest rival of weibo is wechat which provides the users much more privacy by the freinds groups and circles But Chao
said that privacy is not suitable for Weibo.
What's more, he doesn't concern about the future,
and sina corp kowns the compliance ogf the laws, so there is no problem for them to apply to the strict laws.
Time6 2'24''
Obstacle 10'34
作者: TaoRs92 时间: 2014-4-26 22:03
yangjunxxyy 发表于 2014-4-26 12:27 
第一次跟阅读小分队~~~给自己加油
【Warm up】1'50"
WeiBo, a Chinese social network that broadern the y ...
欢迎加入小分队~！如果觉得回忆不够简练的话，可以试试只写关键词，或者只写段落的主要框架，不写细节~希望你能找到自己习惯的阅读和回忆方法~
作者: TaoRs92 时间: 2014-4-26 22:04
阿瓜0826 发表于 2014-4-26 18:58
谢谢TaoRS92!!报名后第三帖。最近熬了好几天夜，刚刚看的时候快睡着了。。。然后被时间吓到了
warm up ...
哈哈经验之谈，考GMAT前一晚（前几晚。不应该说，一直都要！）一定要好好睡一觉。不然考完数学脑袋就一团浆糊了~备考虽然辛苦，但也要注意劳逸结合，保证休息时间！加油！
作者: TaoRs92 时间: 2014-4-26 22:07
limin501 发表于 2014-4-26 12:48
这个话唠好可爱
说的是我吧我没有自作多情吧
有的时候唠叨太多怕大家实际上会直接跳过不看，哈哈。
作者: TaoRs92 时间: 2014-4-26 22:09
盘腿大王 发表于 2014-4-26 19:05
谢谢楼主~每次主题都很有意义~辛苦了~~
视频没有找到有字幕的 貌似都被和谐了= =。。。不过是中国人讲的 很 ...
是的……无论是TED源地址还是这边的视频都被河蟹的厉害。多亏猴哥帮忙搞定了，想着用不了还得换备胎
作者: 饼干小熊 时间: 2014-4-26 22:16
Lap 5 00:04:40.99 00:12:59.34
Lap 4 00:01:32.11 00:08:18.34
Lap 3 00:03:12.99 00:06:46.22
Lap 2 00:01:45.56 00:03:33.23
Lap 1 00:01:47.66 00:01:47.66
作者: mozhiwanjia 时间: 2014-4-26 22:29
TaoRs92 发表于 2014-4-25 23:57
Part III: Obstacle
掌管 8 00:09:57.54 00:26:19.16
掌管 7 00:02:30.47 00:16:21.61
掌管 6 00:01:15.32 00:13:51.14
掌管 5 00:01:51.34 00:12:35.81
掌管 4 00:02:49.15 00:10:44.46
掌管 3 00:02:23.27 00:07:55.31
掌管 2 00:02:38.60 00:05:32.03
掌管 1 00:02:53.43 00:02:53.43
作者: guci 时间: 2014-4-26 22:50
time2. 02'45
Time3. 03'02
Time4. 02'47
Time5. 02'36
Time6. 02'33
Obstacle
作者: ieveline 时间: 2014-4-26 23:03
先签到。。。
谢谢楼主！
Speaker
China is complicated.
China is break? company and sick company--four of coutries in which facebook is blocked
Great wall on the internet, prevented citizens to access to some information
500 millions users in China, the biggest in China
Block and clone internet information
A country in which people can not go on net, they go on street
300 million microblogger in China-
A example about microblogger influence--wenzhou train crash
Chinese is easy to twitter
Social media is changing China. example of Yaocheng
Data monitor
microblogger make local issue transparent
weibo is not full of rumors
Speed
1--02:07
Alibaba bought some shares of Weibo
Weibo claims that wechat has more users than weibo has
Because of the intervene of goverment, weibo experience 9% decrease of users.
But the speaker acclaims the number of users a rising even the company is on the flat growth stage.
And Weibo will do some promotion in the coming year.
2--01:43
A preview of Weibo
And some financial information....
3--01:40
The performance of weibo debut.
The executive considers it is a successful IPO.
Brief introduction about weibo.
The company future stratgies --ad revenue promotion
4--01:12
Two differences between weibo and wechat.
zhang acclaims that pubic properity will be better for advertisement.
Even chinese economy is slowing down, it still a good time for internet advertising.
Weibo present vocie.
5--01:30
Weibo IPO is lower price as expected.
There are some reasons: uncertainty path, goverment regulation, transimittion from PC to mobile, overpriced facebook and so on
Obstacle--05:59
A story in which someone could not post sensetive thing on weibo moved to wechat
The regulation in internet makes the decrease on weibo.
the owner of wechat has relation with goverment, he will not scacrifise his profit for anything,
作者: yangjunxxyy 时间: 2014-4-26 23:26
TaoRs92 发表于 2014-4-26 22:03
欢迎加入小分队~！如果觉得回忆不够简练的话，可以试试只写关键词，或者只写段落的主要框架，不写细节~希 ...
好的~谢谢！！！
作者: Yvonne52585 时间: 2014-4-27 00:10
Speaker
（听了这个演讲之后才发现原来听自己人说英语这么容易听懂，，，但是内容炒鸡赞！）
China has built a great firewall to ensure the absolute authority in the e-society.
The unintegrated freedom of chinese internet users have both advantages and advantages.
Chinese are paying more attention to the reality of the society issues and are having stronger willing to know more about the world , thus contribute to the resist to some of the government’s polices.
Although we are weak in this battle, we don’t want to see the combination of the foreign countries and chinese government in terms of pose limitations to our freedom of enjoying certain rights.
Warm up 0:42
Sina weibo wants to list...
Time 2 1:25
the pressure of sina weibo from both its potential rivals and chinese government
Time 3 1:14
The introduction of sina weibo about its background, function, influence in china.
The positive attitude towards the listing of sina weibo
Time 4 1:31
Debut 首秀
There is a good beginning of the listing of sina weibo
Time 5 0:55
The biggest rival of sina weibo is wechat
Compared to the private platform of wechat, the chief manager of sina corp has a better belief in the public platform weibo.
Warm up 0:44
The performance is below its target
Time 6 1:06
The challenges sina weibo faced and it has a long way to go.
Obstacle 4:45
Introductions about wechat
background of its foundation and its broad influence
Influenced by the government’s “clearing the vegetation”
The feature of wechat has both good or bad impact on itself
Good: more private compared to weibo
Bad: less easy for government to control
作者: wnj2611339 时间: 2014-4-27 00:14
Speaker---
It talks about how Chinese governments limit Chinese citizens' access to certain foreign social medias, how they control the usage of domestic social channels, and how Chinese citizens respond to such limitations and controls.
[Warm Up] 1'52''
Sina Corp is planning to raise $500 million to carry out its U.S. listing, and Alibaba Group Holding Ltd will invest in the business of Sina Corp's Weibo.
[Time 2] 2'40''
Weibo faces severe competition from Tencent Holdings Ltd, regargless of the increase in the Weibo's user numbers and the time spending on Sina's Weibo.
[Time 3] 2'13''
It is said that Weibo listing plan is to ease management burdens on Sina and to expose Weibo more to outside investors.
[Time 4] 2'44''
Sina Weibo debuted on the Nasdaq exchange Thursday with a 19.1 percent increase regardless an IPO that went out undersubscribed and lower priced than hoped.
[Time 5] 2'11''
According to Chao, both the challenges from rival network WeChat and the slowdown of China's economic are not problems for Weibo.
[Warm Up] 1'24''
Sina Weibo sold fewer shares than expected in its US IPO which was priced below expectations ahead of a Thursday listing.
[Time 6] 1'56''
Weibo is facing questions about the size of its user base, rising challenges from local rivals, and problems of transitioning from PC terminals to mobile ones.
----Obstacle 5'42''
A close comparison between WeChat and Weibo, and a indepth analysis regarding the development and the defects of WeChat.
作者: 香葱酱 时间: 2014-4-27 00:21
第一次做 略奔溃了呀 以为一下下能做完 结果花了好久 T_T
Speaker
The lecture shows the complicated situation of china and china typically internet firewall system. The government copy and clone the internet in order to limit the data all over the world to control citizens. The author takes Weibo as an example to show the development of internet freedom and not freedom in speech and human rights, such as Wenzhou train crash event, the Boxilai event, and the PM2.5 event. The conclusion is that we cannot avoid ‘mouse and cat’ relationship— the government and the Chinese citizens, but we can fight and watch the bad cats.
Speed
Warm up Time 01:45
Sina cop raises 500 million dollars to list Weibo in US with the help of some local professional institution. Alibaba add investment to Weibo for 586 million dollars.
Time 2 01:54
Tencent Wechat is main competitor of Weibo through mobile phone. Charles Chao said that Weibo only gain profit in fourth quarter in 2013 and the company will continue to invest in 2014.
Time 3 01:35
Weibo is a platform for people to show opinions in public through internet. Wenzhou train crash is a big deal of Weibo and makes it hot among internet users. The company earns money from different ways. If Weibo listed, it will appeal more investment.
Time 4 01:45
Weibo gain a big success in US debut and make large profit in the past three month. Charles Chao indicated a nice future of revenue growth.
Time 5 01:05
The main difference between Weibo and Wechat is that Weibo faced to public while Wechat is more private, but Weibo is more important to advertisers. Charles Chao thought Weibo can make people more free in the internet.
Warm up time 00:48
The US IPO of Weibo is less than expectation.
Time 6 01:38
A critic said that Weibo has a lot challenges, such as government control and some mobile devices.
Obstacle
Time 05:14
Take Luo’s case as example to show that Wechat in some respects is better than Weibo, because Wechat is more private and it only shows to someone who you want to read your letter and pictures, which can escape from maybe government check.
Tencent has a good relationship with government.
作者: crystal9291 时间: 2014-4-27 11:43
T2 2:29
Weibo face competition from internet giants, such as Alibaba and Tencent, and political front.
The number of users is decreasing but it doesn't mean that microblog is experiencing a drop.
Weibo has experience slowdown in its growth but it will seize more opportunities in the future.
T3 2:11
Weibo came into vogue in these years, but it has been slow to make money because the company doesn't want to alienate the users.
The deal is beneficial to release the burden of management as well as issue shares to employees.
The company's value will be rip away and this new is good for investors.
T4 2:26
The shares went down with a 19.1% jump in its debut. However, the CEO of Weibo said that a successful listing is more important than the price of shares and convinced that weibo could help to create value.
T5 1:45
It's said that WeChat is the biggest rival of Weibo, but the CEO doesn't think of it as a concern, since Weibo is a public network, while WeChat is a private one.
Weibo's development acts as a censorship driver of the chinese internet sector.
T6 1:47
Weibo faces challenges about its commercialisation. The competition forces mainly come from WeChat and multiple competitors on mobile terminals.
The stock priced is overpriced.
T7 8:45
Intro of WeChat
WC has become a popular medium for the mass to discuss.
Unlike Weibo, WeChat has more relaxed environment of censorship, with more privacy, leading to more people switch their way to show opinions on Wechat rather than Weibo.
More control of political and social discourse is intervened on the platform of weibo.
People could get punished by spreading rumors on weibo.
Since authorities have cleaned the internet, weibo has a decline on its popularity as well as the negative discussion of governments.
The discussion is migrated to Wechat because the platform is more private than Weibo and has less exposure to censorship.
However, the privacy cited as the advantage of WeChat could also be a risk, because it's hard to stop a rumor in a private platform.
作者: NativeStudy菌 时间: 2014-4-27 12:01
hysteries 发表于 2014-4-26 00:11
辛苦啦！！！先去睡。。
Dear Hysteries~
Glad to see you in the front page again, and don't forget to have the passage read in 3 days~~~
Wish you a beautiful Sunday!
作者: NativeStudy菌 时间: 2014-4-27 12:02
小蘑菇开始打怪 发表于 2014-4-26 00:18
占了这么多座真的好嘛呜呜呜
Dear Little Mushroom~
Nice to see you in the front page again~ Hope you remember to finish reading the passage~
Have a wonderful Sunday!
作者: laotianxxx 时间: 2014-4-27 12:37
Speaker:
Chinese tweet is a tool for government to achieve their political aims,and we chinese people's are excpecting a more freedom talking society.
Speed:
2'15
Sina Corp. is listed in the US and Alibaba has raised its stakes in Sina,it seems that Alibaba will consider its own interests in this invest.The reason Alibaba invested Sina is that it wants to attract users away from its competitor Tencent,and the author cites data to illustrate the management situation of Sina.
2'12
The listing of weibo is to attract money from more investors to ease management burdens on Sina.
3'15
Weibo's first day listing price is less than hoped and the CEO of sina said that the aim of sina is to list,it is not important what the temporate price is,sina will be more creative and will coporate with Alibab to make profits in following years.
1'46
The downturn of china is not a problem for the development of sina,but maybe a good time for ads.
2'55
Not only sina that list price is less than expected,the other five social companies's price has also fell from expexted.
Obstacle:
6'43
Wechat can be a platform for people to express their politician opinions and on wechat their opinions on public affairs will not be censored,but at the same time,because wechat can't be cencered and broadcast only in a private groups,it will be more difficult for government to control the damage of these political opinions.
作者: angel880319 时间: 2014-4-27 21:07
Time2:03'08
Alibaba might increse its stake from 18% to 30% in Weibo if it lauches it IPO. Weibo encounters some threat or risks from gov. Gov has arrested several user whose comments are illegal, thus probably affecting Weibo. Last year, Weibo reported a huge increase in net profit.
Time3:03'12
Despite the popularity of Weibo, Sina slow to make money from ad on Weibo. $56M ad income last quarter just accounts for 30% of the total revenue of Sina.
Time4:03'38
Time5:01'38
Time6:01'59
作者: hemodata 时间: 2014-4-28 11:20
Speaker: The speaker explains why Chinese issue is complicated and why people should not talk about it from one side. And in the most of the speaking, he uses internet as a example. He also explains how Chinese G use the internet to lead the mass media and how CG controls it. At the end of his speaking, Zhao calls for all rats to fight, for this is the only way that one day everyone can use twitter every where and speak out any thing without fear.
作者: ffffionabear 时间: 2014-4-28 11:48
__________感恩的分界线~楼猪么么哒~~mua! (*╯3╰) ——————
周末出去玩了~~上班时间疯狂补作业的节奏
[speaker]→_→终于一遍过了~~~感人（跟语速有关好么~~）
China is complicated.It is one of the BRICS but SICK country at the same time.By the way，sick means no facebook interact.There are two kinds of net for chinese,one is internet,the other is "chinanet",which is something like Great wall in the north to protect China,and prevent outsiders enter at the same time.So,we,as the insider,are playing the "cat and mouse"game with the power-holders.Those cats they should do something to optimize the Chinanet,so they copy everyone to satisfy the people's need and
keep the service in their(the government) hand. Because with the enormous number of net citizen,twitter or facebook is dangerous to the sensitive group,tiny problem will be exaggerated. The other reason is the character of chinese language.1=3.5 tweets,chinese are good at cheating,and some ambiguity will ruin citizen's faith to the government.
However,such socialmedia like weibo and renren,give the chance to make everyone's voice can be heard,people adapt using the socialmedia to chat together,and start to learn how to negociate the sensitive words.We act like mouses,using weird words to discuss sensitive problem as subsititution,which can avoid the datamining from central cats and local cats.What's more,the local government become more and more transparent,becauese they don't have rights to control the data.
it did't change the popularity of socialmedia.And we ,the mouses will surely fight against the cute but bad cats successfully，for the dream that tweet anytime,everywhere without fear.
[speed]
1'25
Weibo is going to open the public in US.Altough the details of the Weibo's listing is still unknown,that will be a positive signal for weibo's optimization as more capital injection will come.
2'26
Weibo now shoulders the pressure from wechat and political control.The user of weibo have dropped 9% in the latest year,the loss transform to wechat user.What's worse,the government pay more attention to rectify the socialmedia market,they arrest the "rumor" speakers and spreaders,or the popular commenters,which made all the net citizen chilled to the bone.
2'17
Weibo works as twitter,people can comment and repost any topic they post.As the number of weibo's user has declined,the supporters of weibo's listing program take it as a chance for exposure to broader range of sponsors.
2'33
Weibo's listing price is lower than the market expect.However,the chief of the Sina said that they didn't care the temporary stock price,they cared about the long-term development of weibo.Compared to facebook and twitter which are banned in China,weibo had irreplaceable advantages,and they will enhance the ads investment in the future to avoid the disadvantages.
1'41
In spite of the crisis of wechat and China's slowdown,Chao confronts the weibo's future with optimism.He said that wechat and weibo is distinct,wechat is more privite,and weibo is more public,which make weibo adapts to SEMS promotion and advertising.When it comes to political rules,Chaos thought they are experienced to those sensitive problem,which will never be a critical obstacle for weibo.
1'05
Weibo have sold less stock than US IPO expected.Their biggest stock buyer is Alibaba.
1'32
Weibo now is facing "quiet challenge",their stock price the sales status is worse than they thought.(老实说没读懂，所以特别快)
5'04
Weibo's users are doing the cat-and-mouse game with the government.The government now have upgraded the level of monitor.And for the privacy of wechat, the weibo user have transfromed to wechat user.
作者: planetandlucas 时间: 2014-4-28 14:27
Time 2: The article introduces that Weibo's biggest competitor is from Tencent's WeChat. The total users of Weibo decreased in the past year.
However, Sina's CEO explains that the number of Sina's Weibo users did not decrease, and furthermore the user and the operation profits both
increased from Dec 2012 to Dec 2013.(3:02)
Time 3: The function of Weibo is similar as that of Twitterr, allowing users to send short messages to their fans and followers. However, Weibo was interrupted by government because of bullet trains issues.
Although Weibo is still very popular, the profit of Weibo is decreasing compared with the third quater.(1:52)
Time 4: Although Weibo's share decline dramatically, Sina's CEO still expressed his confidence and expected the development of future. (1:47)
Time 5: Some critics argue that Weibo is facing a challenge form Wechat. However, Sina's CEO claims than Weibo and Wechat are distinct.Weibo are more open in public
than Wechat and Weibo is easier to receive advertising sponsor. Also, although China's economic is slowing down, Mr Chao thouthout that this will not affect the development of Weibo. (1:56)
Time 6: The paragraghes introduce that Sina weibo is a leading social media which mainly focuses on Chinese customers. The company is facing two major problems. First, it is the serious competition from Wechat.
The second challenge is transitioning question from PC terminals to mobile ones. (2:10)
Obstacle: Weibo is facing a serious shortage from censorship. A large number of users are transforming from Sinsa Weibo to Wechat. The author uses one jounalist as example to explain the reason why many customers are shifting from
Weibo to Wechat. In addition, Tencent and its CEO are very good at politics and legislation, and possibly take fully use of law to give Weibo more damage. (6:17)
作者: 静月飘风 时间: 2014-4-28 23:45
Time2 3:25
Sina Weibo is competing with Wechat and faces pressure on the political front. According to Sina CEO, Weibo was experiencing a slowdown in growth momentum.
Time3 2:31
Although Weibo is popular in China, Sina has been slow to make money off Weibo. Alibaba integrated its online payment platform Alipay into Weibo to feature advertisements. According to a professinal, Weibo listing plan give Weibo better exposure to outside investors.
Time4 3:24
Weibo debuted on the Nasdaq exchange and get 19% jump, but an IPO went out undersubscribed and lower priced than hoped. According to Sina CEO, it was mainly important to achieve the listing and Sina will make great progress to attract investment in the future.
Time5 1:20
Weibo is competing with Weixin. But they are different type social network. Economy slowdown in China was not a problem for Weibo.
Time6 1:54
Weibo faces questions about the size of its user base as wellas competition from local rivals. And the disappointing price was not a surprise.
Obstacle 6:04
Wechat is a more private and secure social network compared with Weibo. It has deep ties with the Communist Party.
作者: cyndichiang 时间: 2014-5-2 08:10
Warm up+ Time2 4'23''
Sina Plans U.S. IPO for Weibo.
Alibaba bought 18% shares from Sina weibo
Weibo faces many challenges: first, the biggest competitor Tencent WeChat; second, the political front
A government-established research said the total number of microblog users in China has fallen.
Chief Executive C said net revenue of Weibo will rise about 42%, but Weibo was experiencing a slowdown in growth
Time3 2'17''
Sina Weibo ,likeTwitter, means "microblog". Weibo slowly makes money for Sina because the company tends not to release ads to customers. Even though the ad revenue tripled last year,it's still less than 30% of total revenue of Sina
Alipay--a payment platform--was allowed into Weibo and is ready for the further advertising
The listing of Weibo will benefit investors and is considered a core of future growth
Time4 2'55''
Weibo shares jumped 19% in U.S.debut.
Its price was estimated between $17-24.28 per share,and finally was settled at $20.24
C thought that the price was temporary and that Weibo will gain greater revenue by keeping its long-term strategy.
Sina Weibo plans to make progress in ads area and direct to e-commerce merchants.
Time5 1'20''
Critics of the listing concerns about Weibo's biggest competitor WeChat and the China' tough censorship
C gave his idea that Weibo is focus on the public network,different from the private network of WeChat.
Also, C said the China's economic slowdown was also not a problem
Warm+Time6 2'46''
Sina sold fewer shares than expected and its price was settled at $17-19
Alibaba wants listing as well
The two biggest challenges for Weibo is the size of user base and the competition from local rivals
The transition form PC to mobile device is also a problem for Weibo
Obstacle: 4'42''
WeChat has public website,and this function become more and more popular and compete directly against Weibo. The passage gives us an example: Mr.Luo transit his use of Weibo to Wechat for his prime delivery platform for news
The cleaning vegetation compaign impacted the Weibo, while WeChat is less subject to scrutiny and censorship because the context is personal and fragmented.
作者: lyreqq 时间: 2014-5-10 13:19
阅读速度明显起来了！但是还是不达标，再接再厉，十分有动力~~继续加油
心情好时间空，听了一下ted
speaker
Non-censored people became the tool of politics.
The server is controlled by BJ, not local gov.
--Michael Anti: behind the great fire wall of China
1.
Ali-->mob/g
wechat
poli--dy/criminal law
blog down
sina up
pro up
growth-->^
2.
pop: twit-?>pb opi
X: ad revX
Ali: pay/ fea ad
perso: yes (bur down/expo)
diverstiture(%*/direc)
3.
19.1%
sh up
Ali yes
rai/demand X -->indenti yes (list yes/prX)-->strent up
big. twi--face
la:re up/pro down--income ads.SMEs. re up>
4.
wechat:pri/time+/effi X
Chi.slow X(ad-->^)(Inte.resilient)
cens.CN+
each
comply X
WARM UP
few sld
sld.$17 < aim,low end
+Ali
5.
lding in CN
? user+wecha
? no$:news down, $
coz.mobile/BJ/Nasd(tech stock)
5<
sabre<
OBSTACLE
Wechat:Xcensor
intro:pri/Luo S-->S
less open/1 pst-->control
Luo:s-->w
We: CN pol
clean:vegetative state. People's:s. poli down.posi up.
media we.Xdisclosure.sru down.
Tenc:Xi
fester lger.Xrefute.dmg>sina
作者: wensd1111 时间: 2014-5-14 00:06
1 A 00:56
2 A 01:04
3 A 04:29
作者: Jessica. 时间: 2017-2-12 14:11
掌管 5 00:04:59.68 00:24:52.23
掌管 4 00:04:39.26 00:19:52.55
掌管 3 00:05:54.60 00:15:13.28
掌管 2 00:03:49.86 00:09:18.68
掌管 1 00:05:28.81 00:05:28.81
作者: 吃吃睡睡学一会 时间: 2017-2-12 14:54
t2 2:40
t3 2:25
t4 2:50
t5:1:30
t6 3:01
OB The passage describe a trend in china that people switch from Weibo to Wechat. And through Mr luo's example, the passage compare wechat with weibo.
作者: Ly珺 时间: 2017-2-15 22:45
time2 2:11
time3 2:24
time4 2:36
time5:1:32
time6 2:51
作者: jesguan 时间: 2017-2-17 09:44
2:13
2:22
1:58
2:34
2:31
9:45
作者: ashley加油 时间: 2017-2-17 14:17
Time 2: 1'20''
Time 3: 1'49''
Time 4: 0'57''
Time 5: 1'49''
Time 6: 1'20''
作者: LaDuDu 时间: 2017-2-17 21:16
WU 2'29" 250
Time 2 3'40" 362
Time 3 2'42" 309
Time 4 3'41" 382
Time 5 2'12" 290
WU 1'42" 194
Time 6 2'30" 319
Obstacle 9'24" 1110
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