Emerging markets 'a driver' for browser firm UCWeb

Chinese mobile Internet browser company UCWeb Inc, which recently welcomed Alibaba Group Holding Ltd Chairman Jack Ma as a board member, said emerging markets, including India and Russia, are major destinations for the company's overseas expansion.

UCWeb, which began its global expansion in 2010, saw its overseas user numbers exceed 100 million in January. The company has managed to achieve a market share of more than 10 percent in 10 countries worldwide.

India is the overseas market where UCWeb has made the most progress. According to figures from StatCounter, UCWeb had a market share of more than 30 percent in India's mobile browser market in July, overtaking Norway's Opera Software ASA to become the top player in the South Asian country.