Technology stocks: Are they worth the gamble?
“One of the things to remember about Weibo is that it is really a joint venture between two very large Chinese conglomerates, Sina on one hand and Alibaba on the other. Investors in the American market have dealt in for a small piece of the financial ownership of that company.
“But the revenue base of this company is very healthy. It’s only been generating revenues since 2012. We think it’ll do more than $300m (£178m) in revenues this year and might even show a profit for the year.”Read full article at bbc.com