Alibaba Mobile Business Group on Thursday announced it was elevating Damon Xi as head of Damon Xi in India and Indonesia. In his new role, Damon will be in charge of the UCWeb ecosystem and content co-operation.
Earlier, Damon was General Manager of UCWeb India, leading business development for the company.
UCWeb’s flagship product UC Browser has over 50 per cent market share in India and Indonesia, ahead of Google Chrome and Opera.
UC Browser is also the sixth most downloaded application on Android platform in India with over 100 million monthly active users.
“Over the last six years, UCWeb has transformed itself from being the largest mobile browser to a leading content distribution platform in India through the launch and integration of UC News,” the company said in a statement.
Alibaba announced a Rs 2 billion investment in January to build UCWeb in India and Indonesia over the next two years.