Alibaba's Acquisiton Of UCWeb Could Be A Threat To Baidu's Mobile Plans |
| June 24, 2014 | June 2014 Bond Updates |
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UCWeb has at least a 10% market share in 10 countries across the globe. It is particularly strong in developing countries such as Russia, Vietnam and India, where it is experiencing triple-digit growth in users due to its data compression technology that minimizes the cost of browsing and downloading. |
| View more at: http://www.forbes.com/sites/greatspeculations/2014/06/23/alibabas-acquisiton-of-ucweb-could-be-a-threat-to-baidus-mobile-plans/ |
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