Alibaba’s UCWeb to launch an e-commerce service in India
UCWeb, a subsidiary of Chinese giant Alibaba Group, plans to launch an e-commerce service in India in the coming months.
In a statement to TechCrunch, a UCWeb spokesperson said the firm plans to build an e-commerce service around content platforms in India. It has no intention to compete with existing e-commerce businesses in the country, and Alibaba Group is not overseeing the development of the service, the spokesperson added.
UCWeb, which is best known for its popular mobile browser UC Browser, would leverage its “extensive user communities in India,” to build the e-commerce business, the spokesperson said. “The new service is in line with our strategy to enrich the experience for users and clients alike.”
UC Browser, used by more than 430 million users worldwide,
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