Alibaba Mobile Business Group, part of Alibaba Digital Media and Entertainment, has announced the appointment of Young Li as Head of International Business Department. In this new role, Young Li will be in charge of the overseas business of UCWeb, a key division within Alibaba Mobile Business Group. 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 key markets of South East Asia and Russia.
Commenting on his new role, 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 & 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 2 Billion INR and a monthly active user base of 100 mn. 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 Newshas crossed 100 Million Monthly Active Users (MAUs), rapidly growing in India & Indonesia market since its launch in June 2016. The platform recently announced The We-Media Reward Plan 2.0 for self-publishers, bloggers & independent writers with an initial investment of 50 Million INR with its‘Super 1000’ initiative, UCWeb plans to recruit 1000 We-Media writers in India and Indonesia who will be able to earn at least INR 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.The UC We-Media program where people get an opportunity to create, to write, share thoughts and engage with their followers on UC News is set to expand to 30,000 contributors by the end of 2017, producing over 10,000 pieces of content daily.