UCWeb becomes first Chinese Internet company to hit No. 1 in India, adds Jack Ma to board
August 22, 2013 Leave a comment
UCWeb becomes first Chinese Internet company to hit No. 1 in India, adds Jack Ma to board
BY HAMISH MCKENZIE
ON AUGUST 21, 2013
Historically, Chinese Internet companies haven’t had much luck when it comes to international expansion. Ecommerce giant Alibaba attempted to enter the US a few years ago, only to ultimately consolidate its operations back within the borders of the Middle Kingdom. More recently, China’s tech industry focus has switched to Tencent, the country’s largest Internet company, which is moving aggressively to push its WeChat messaging app into global market.