Alibaba Mobile appoints Young Li as Head of Int’l Business Department
Alibaba Mobile Business Group has appointed Young Li as Head of International Business Department. In this new role, Young Li will be in charge of the overseas business of UCWeb. Prior to this, Young Li was the head of UC News where he played a key role in spearheading the product’s success in markets such as India and Indonesia. Young Li has also led the UC Browser product team in the key markets of South East Asia and Russia.
Jack Huang, President, Alibaba Mobile Business Group, said, “Young Li and his team have been an integral driver of our strategy of moving ‘From Tool to Content’, addressing the key challenge faced by users and partners i.e. content discovery and navigation for users and content distribution by publishers and partners. The demand for diverse digital content is set to explore and UC News is at the forefront of that revolution, with an initial investment plan of Rs.2 billion and a monthly active user base of 100 million. In his new role, Young Li will help us in consolidating all businesses of IBD including our key overseas markets of India, Indonesia and Russia. He will also take lead in product strategy and business for our strategic products like UC News.”
UC News is a big-data powered content distributor, serving as a one-stop source of trending and curated news content covering all popular categories that Indian users can consume on the go, with featured channels including news, cricket, technology, entertainment, movies, lifestyle, health, humor, etc. UC News has crossed 100 Million Monthly Active Users (MAUs), rapidly growing in India and Indonesia markets since its launch in June 2016. The platform recently announced The We-Media Reward Plan 2.0 for self-publishers, bloggers and independent writers with an initial investment of Rs.50 million with its “Super 1,000” initiative, UCWeb plans to recruit 1,000 We-Media writers in India and Indonesia who will be able to earn at least Rs.50,000 per month, generating varied content across diverse categories.
UCWeb’s strength in technology is helping UC News process millions of data request and content of massive origins everyday with the help of its 3 big data clusters set up in India.