Sina Chairman Chao Outlines His Expansion Plans

The transcript discusses Weibo's significant revenue growth driven by advertising and user expansion in rural areas. Charles Chao, chairman of Sina and Weibo, highlights the company's focus on video content as a key growth area. He also addresses the influx of investment in China's tech sector, leading to intense competition and market saturation.

What future growth areas does Weibo plan to focus on, particularly in relation to video content?

In what ways does the competition in the tech market appear irrational according to the text?