Alibaba wants to sell Weibo? It is said that they have buyers

Alibaba wants to sell Weibo? It is said that they have buyers

Recently we have received interesting information that Chinese biggest e-commerce Alibaba is considering to sell approximately 30% of its shares of social platform Weibo. It this moment they are in contact with several possible buyers. Alibaba wants to sell Weibo? For example in 2013 Alibaba invested approximately 500 million US Dollars in the Weibo. Which…