Alibaba Mobile Business Group on Thursday announced it was elevating Damon Xi as head of UCWeb in India and Indonesia. In his new role, Damon will be in charge of the UCWeb ecosystem and content co-operation.
Earlier, Damon was General Manager of UCWeb India, leading business development for the company.
UCWeb's flagship product UC Browser has over 50 per cent market share in India and Indonesia, ahead of Google Chrome and Opera.
UC Browser is also the sixth most downloaded application on Android platform in India with over 100 million monthly active users.
"Over the last six years, UCWeb has transformed itself from being the largest mobile browser to a leading content distribution platform in India through the launch and integration of UC News," the company said in a statement.
Alibaba announced a Rs 2 billion investment in January to build UCWeb in India and Indonesia over the next two years.
--IANS
qd/na/mr
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app