UCWeb to invest R200 cr in India, Indonesia over 2 yrs

Jan 20, 2017Updated May 15, 20251 min read

UCWeb, part of Alibaba Mobile Business Group, plans to invest R200 crore over the next two years in India and Indonesia. The funds will primarily be used to make use of user-generated content in India via its news distribution and content platform, UC News.

Jack Huang, president of overseas business, Alibaba Mobile Business Group said, “India is the most critical overseas market for UCWeb and this investment will help bring in the global mobile internet to an era of ‘GUF’ (Google, UCWeb, and Facebook).” UC News, a product of UCWeb Inc is a content distributor of trending and curated news content covering all kinds categories including news, cricket, technology, entertainment, movies, lifestyle, health, humor, etc.

UCWeb plans to add more than 30,000 self-publishers, bloggers and key opinion leaders to its platform in 2017.

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Mei Ling Tan

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Mei Ling Tan is the Editor of Retail News Asia, where she leads the editorial team in delivering in-depth coverage of Asia’s dynamic retail landscape. With over a decade of experience in business journalism, Mei Ling is known for her sharp analysis, deep industry insights, and commitment to uncovering the stories behind Asia’s most innovative retail brands. Before joining Retail News Asia, Mei Ling held senior reporting roles at regional business publications, covering everything from consumer trends to digital transformation in retail. A graduate of the National University of Singapore with a degree in Communications and New Media, she combines journalistic integrity with a strong understanding of evolving market forces. Outside the newsroom, Mei Ling is a frequent speaker at industry panels and a mentor for young journalists.

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