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Asian situation is difficult to read, because the UC Browser has been making strong gains and gets downloaded to handsets with different primary browsers.
FORBES: What November Mobile Browsing Statistics Reveal
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Much of it is browser share loss to UC Browser.
FORBES: What November Mobile Browsing Statistics Reveal
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Methodologies of various surveys each have their own flaws and trying to extrapolate handset sales from browser trends can be difficult if third-party browsers like Obigo, Opera or UC Browser are having a major market share swing.
FORBES: What November Mobile Browsing Statistics Reveal
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While the majority of his fortune comes from Xiaomi, he also owns minority stakes in a number of Chinese online enterprises, including Hong Kong-listed anti-virus firm Kingsoft, private e-commerce companies Vancl and Lakala, mobile browser provider UC Web, and YY, which hit the Nasdaq exchange last Wednesday.
FORBES: Chinese Billionaire Lei Jun Sees Hundred-fold Return After YY IPO
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One deal that has been rumoured for months is a takeover of UC Web, a Chinese mobile browser operator with 400 million users worldwide.
FORBES: Chinese Mobile Browser UC Web Hikes Spending, Stays Independent
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In short, UC Web wants to build the next mobile browser.
FORBES: China's Largest Mobile Browser Heads Into U.S. Market