Chinese App UC Internet has suspended operations in India and lays off 90 percent employees !

Chinese App UC Internet has suspended operations in India and lays off 90 percent employees !

Chinese online company Alibaba Group’s subsidiary UC Internet has suspended operations in India and has put off nearly 90 percent of its own 350-strong workforce in the nation, said three individuals conscious of the development.

Many employees in relating managerial and entry positions are informed verbally over video-conferencing concerning the layoffs.

One of the banned programs, TikTok has been very popular with more than 200 million actives users from the nation.

Chinese App UC Internet has suspended operations in India and  lays off 90 percent employees !

A UCWeb spokesperson on Thursday advised Mint it has”complied with the government’s current directive concerning 59 programs and stopped the support.”

The company declined to react to further inquiries by Mint.

Operational since 2009 at India, UCWeb functions a cellular browser–UC Browser–as well as also a news aggregation service, UC News.

A Reuters report on Thursday said India workers working in Alibaba-owned video-blogging stage Vmate were laid off based on an internal correspondence dated 15 July.

Alibaba-owned UC browser includes over 430 million active users worldwide, of which 130 million have been in India. In accordance with StatCounter, a web analytics company, UC Browser has been the next leading cellular browser in India, using a 10% market share following Google Chrome, as of June.

The majority of the Chinese programs prohibited by India had substantial active user bases and collectively accounted for 5 percent of total installs from Apple’s App Store and Google Play Store through April-June in 330 million fresh installs, Mint reported July 2nd.

Before the ban, Chinese net firms had publicly comprehensive investment strategies and their business plans in India. ByteDance, that possesses TikTok and Helo, had stated it intends to spend around $1 billion in India. Additionally, it had plans to establish online movie ticketing too at the moment.

Leave a Reply