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S INA: a better 2012. 1820 1Q 2012 stock pick. No.1 in Chinese World. Biggest internet port in China Most popular website in Chinese Proven leading internet company in China Growing users and revenue. W eibo. 300 million users Banner ads Social games Monetization
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SINA: a better 2012 1820 1Q 2012 stock pick
No.1 in Chinese World • Biggest internet port in China • Most popular website in Chinese • Proven leading internet company in China • Growing users and revenue
Weibo • 300 million users • Banner ads • Social games • Monetization • Risk: micro blogging with verified identities.
Video • Integrated with weibo and news • Ads with web videogrow quickly • 1 billion USD market in 2012
Earnings • Big bath in 2011:non-cash impairment charges totaling $350.1 million • Non-GAAP : 1.73 1.18 1.69 1.12