How Twitter Inc. Was Eclipsed By Its Chinese Clone

newsfeedback@fool.com (Leo Sun), The Motley Fool
Thu, 10/27/2016 - 4:39pm

Weibo (NASDAQ: WB), commonly referred to as "China's Twitter (NYSE: TWTR)", is now slightly more valuable than the original Twitter. At the time of this writing, Weibo's enterprise value has hit $10.9 billion, compared to Twitter's enterprise value of $10.1 billion. That gap could even widen in the near future, since Weibo shares have soared nearly 200% over the past 12 months, while Twitter shares have plunged more than 40%. Let's discuss why Twitter fared so poorly, and whether or not its "Chinese clone" is now a better buy.Continue reading

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