Alibaba to increase headcount in India
BY - Vaishnavi Gupta
Assistant Editor, IndianRetailer.com & Retailer Media Jan 21, 2017 /
/ 1 MIN READ
Assistant Editor, IndianRetailer.com & Retailer Media Jan 21, 2017 /
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China-based UC Web, a subsidiary of Alibaba Mobile Business Group, is planning to invest Rs 120 crore over next few years to increase the headcount as well as accelerate user-generated digital content
With the proposed investment, the company aims to bridge demand and supply gap through Big Data-backed content distribution, and is in ‘advanced’ talks with a couple of local mobile device makers to pre-install its Web browser.
UCWeb already has partnerships with Indian mobile makers such as Intex, Karbonn and Spice.
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