While the inaugural Consumer Electronics Show (CES) Asia, taking place in Shanghai this week, has been as jargon-filled as any technology event: B2B, B2C, O2O, etc. But one acronym is only mentioned in private conversations: C2C.
Weibo, which means micro blog in Chinese, is a Chinese Twitter-like online networking tool. Hundreds of millions of netizens across China use Weibo as a platform to exchange information and voice opinions on social issues in a nation under strict news censorship. Sina Weibo is currently the largest social networking website in China with 368 million registered users as of June 2012.