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Twitter’s Market Value Surpassed by Chinese Peer Weibo: Chart
Twitter missed revenue and profit estimates while user growth stalled.
14 Feb 2017, 04:35 AM IST 
An Apple Inc. iPhone 6 smartphone is held as a laptop screen shows the Twitter Inc. logo in this arranged photograph taken in London, U.K. (Photographer: Chris Ratcliffe/Bloomberg)
(Bloomberg) -- Twitter Inc.’s two-day plunge after a disappointing fourth-quarter earnings report has pushed its market value below that of its fast-growing Chinese-language peer Weibo Corp. Weibo is now worth $11.3 billion, about $200 million more than Twitter. The San Francisco-based social-media company missed revenue and profit estimates while user growth stalled. The trend at Weibo has been the opposite as it posts consistently steady growth in a still-developing market.
To contact the reporter on this story: Morwenna Coniam in New York at mconiam@bloomberg.net. To contact the editors responsible for this story: Arie Shapira at ashapira3@bloomberg.net, Richard Richtmyer