Ina Fried

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Fast-Growing Chinese Mobile Browser Maker UCWeb Hits 400 Million Users

Chinese mobile browser maker UCWeb said on Wednesday that it now has 400 million users, fueled by growth in Indonesia, India and its home market in China.

The company said it now has 25 percent market share in India to go along with 50 percent share in China and greater than 10 percent share in four other countries. The company has set an ambitious goal of having a billion users in the coming years.

Yu Yongfu UCWeb

In India, as in a number of emerging markets, mobile Web use now exceeds traffic from the desktop. The contrast is particularly stark in India, UCWeb said, noting that the country’s 950 million mobile phone users are more than three times the number of PC Internet users.

“We’ve seen very good growth in markets like India and Indonesia,” CEO Yu Yongfu told AllThingsD in October, via an interpreter. “We expect there is going to be explosive growth in 2013.”


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