Weibo Seen Able to Compete With Tencent's WeChat

Weibo Seen Able to Compete With Tencent's WeChat Play

April 18 (Bloomberg)-- Michael Clendenin, managing director at RedTech Advisors, talks about Chinese microblogging service Weibo Corp.'s initial public offering and outlook. Weibo, which is owned by Sina Corp., raised $285.6 million in the IPO, after offering the shares for $17 to $19 apiece. Clendenin speaks with Angie Lau on Bloomberg Television's "First Up." (Source: Bloomberg)

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