Weibo, the Twitter of China, is planning an IPO in the United States, letting American investors jump on the Chinese social media bandwagon.
Here’s the IPO filing, with plenty of detail worth reading.
One point that really sticks out is listed among the risk factors facing the company. To be fair, companies are inclined to throw in the entire kitchen sink of imaginable risks when listing these factors — Chipotle recently cited global warming as a potential threat to its guacamole supply — but they always make for a revealing read.
In this case, it’s as straightforward a description of Chinese internet censorship as you’re likely to get from a major Chinese company. Here it is, emphasis ours:
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