Update On Weibo Real Name Registration And Associated Fees

• Posted by bbishop
• on January 4th, 2012

Time Weekly looks at id5 (北京国政通科技有限公司), a company that verifies real names in China and may the prime beneficiary of the real name requirement for microblogs such as Sina ($SINA) and Tencent’s Weibos–微博实名制背后有利益驱动？ – 科技 – 时代周报. The article reports a rumor that the verification fee will be 2 RMB/account and raises questions about the background of id5 and its relationship with government regulators.

I posted my thoughts on Twitter, embedded below:

sina to pay 2 RMB/account to verify real names on Weibo? $sina 微博实名制被爆掩藏高额认证费 国政通否认-搜狐IT bit.ly/yiwEqH cheaper than what baidu paid

— Bill Bishop (@niubi) January 5, 2012

 

sina investors who think there is no cost 2 $sina for real name requirements are deluding themselves. question is how much, how material

— Bill Bishop (@niubi) January 5, 2012

 

smart pr, imply corruption @ the real name verification, may force govt 2 lower the fee (doubt will force them 2 cancel requirement) $sina

— Bill Bishop (@niubi) January 5, 2012

 

“　“国政通是不是借行政之手，故意设立一道程序，让企业增加经营成本，这其中有没有利益勾结问题，国政通股权结构有没有隐含着隐名持股等腐败现象，是不是符合反垄断法和反不正当竞争法，也是值得怀疑的。”

— Bill Bishop (@niubi) January 5, 2012

govt.’s real name requirement on weibo is a signal 2 people paying attention that they need to watch what they say $sina

— Bill Bishop (@niubi) January 5, 2012

No doubt there will be more to come with this story.

You can follow me @Bill on Stocktwits, @Niubi on Twitter and @Billbishop on Sina Weibo.

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