VOICED : Weibo el Twitter chino que entrara a Wall Street

VOICED : Weibo el Twitter chino que entrara a Wall Street

Assessment

Interactive Video

Business, Social Studies, Journalism

9th - 10th Grade

Hard

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Quizizz Content

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Weibo, the Chinese equivalent of Twitter, is set to enter Wall Street through an IPO on the Nasdaq. Despite challenges faced by tech stocks and concerns over transparency in Chinese companies, Weibo aims to raise between $340 and $440 million by offering 20 million shares priced between $17 and $19 each. The platform, controlled by Synacorp, has been successful in China, where Twitter is banned, and hopes to attract U.S. investors with access to China's vast internet market. However, experts question the accuracy of Weibo's user statistics and its future growth potential.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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