Sina CEO Cao Chao: will push new chat products and micro-blog complementary

Sina future will push new Chat class product original title: Sina plans to launch new Chat class product "Sohu It News" Beijing time August 23 News, Sina will launch the new social communication tool, and expands the investment in the online game. "We are going to launch new social media offerings that complement Twitter and focus on groups and interests, including chat, news and pictures," Sina CEO Charles Chao said in a media interview. "From the description of Chao, Sina new products like micro-letter, WHATSAPP, KakaoTalk." The second quarter, the micro-letter month active user growth of 20%, up to 236 million. Sina Weibo has been active in the second quarter by 54 million, up 8.4% from the previous three months. The two products are not comparable, but analysts point out that micro-credit users spend more time than Weibo users. Chao said Sina had planned to launch a new product this week, when asked details, Sina said the specific time has not been determined. "To become a new user portal, big players will be fighting this year," Chao said. He said growth on the PC Internet has been slim, but the number of Internet users in China is expected to grow by 50%. By December 2012, China had internet users of 564 million, up 9.9% from the previous year; Mobile users grew 18% to 420 million. Sina now wants to attract more users from small cities. "Small cities are where the growth is now and we need to get those users," Chao said. ”