UCWeb, now part of Alibaba group has announced the launch of We-Media Reward Plan 2.0 , a self creating content platform in India with an initial investment of Rs 5 Crores (50 Million INR). The group will be investing 2 Billion INR on driving content distribution in India in coming 2 years. It is worth noting that UCWeb's content distribution platfrom UC News which was launched last year in June has become one of the fastest growing app in country with a Monthly Active Users count of over 80 Million in India.
Announcing the initiative
on his visit to India, He Xiaopeng, Co-Founder UCWeb and President,
Alibaba Mobile Business Group said, “Dominance of mobile and digital
proliferation is leading to an increased adoption of mobile internet and is
making India ‘Digitally Ready’. UCWeb is realising its vision of “Serve half
the population of the planet”, and we are moving forward to the era of “GUF”
(Google, UCWeband Facebook). The investment falls under Alibaba Digital Media
and Entertainment Group’s targeted investment of $7.2 billion in content over
the next three years.”
“Content consumption on
mobile is rapidly rising while the We-Media ecosystem is still at a nascent
stage. According to our data, there are at least 400,000 self-publishers in
India already with a huge scope to grow the market, especially in the
niche categories. UC Browser was launched with an aim to solve browsing-related
problems while UC News and We-Media program aim to meet the increasing demand
of varied content by users and build a well-established ecosystem. With our
strengths in technology like Big Data AI and vast experience in markets like
China, UCWeb will augment its focus on digital content aggregation and
distribution in the world’s second largest internet market, India. We aim for
UC We- Media to open a gateway to more opportunities in India’s content
industry and emerge as the No. 1 content generation and service platform in
2017.” Xiaopeng added.
UCWeb is also upgrading
its content and services portfolio by adding more short video-related content.
Short Videos are fast becoming the most popular form of content consumed in
China today and UCWeb sees huge potential for this concept here in India as
well. UC News aims to provide upgraded content and services to its users and,
going forward, will make significant investment in this category. According to
the company’s latest Content Consumption Trends Report, video content has risen
30% in the last quarter alone. The company is in the process of setting up a
separate team to handle the Short Videos section and is scouting for relevant
partners to support this for UC News India.
“The latest data on UC
News shows that we generated over 3,100 million page views in January, 2017 alone,
which translates to 100 million page views daily. Moreover, we are experiencing
a fast rise in the average time spent on UC News. As of this quarter, an
average user spends over 23 minutes on UC News. Our strong user base number
indicates the success of our strategy of moving ‘From Tool to Content’. We had
said that content is booming and 80 Million MAUs of UC News is a clear
reflection of that. Users are embracing diverse -digital content and their
appetite for such content is being met by UC News”, said Kenny Ye,
GM-Overseas Business, Alibaba Mobile Business Group.
We-Media Reward Plan 2.0 - A game-changer in
the content ecosystem
Besides an upgrade in Ad
revenue sharing model, We-Media Reward Plan 2.0 will open the door of
opportunity to the most talented writers in the country. 1000 We-media writers
will be recruited in India and Indonesia who will be able to earn at least INR
50,000 per month through the UC News platform. UCWeb has been setting new
trends under the UC We-Media program where people get an opportunity to create,
to write, share thoughts and engage with their followers on UC News. The
Program saw an increase of 200% and 350% (MoM) in its page views of English and
Hindi We-Media content respectively in the past quarter.
UC News is a big-data
powered content distributor, serving as a one-stop source of trending and
curated news content covering all popular categories that Indian users can
consume on the go, with featured channels including news, cricket, technology,
entertainment, movies, lifestyle, health, humor, etc. UCWeb’s strength in
technology is helping UC News process millions of data request and content of
massive origins everyday with the help of its 3 big data clusters set-up in
India. The cluster combines over 5000 machines handling millions of
data-request with a response time of less than 10 milliseconds for each,
thereby boosting the content generation and distribution on UC News to meet the
demands of 80 Million MAUs.
Late last year, Alibaba Holdings
announced its new digital media arm, Alibaba Digital Media and Entertainment,
in a major reorganization of the company's entertainment assets. The
transformation marked a total consolidation of Alibaba's media businesses,
including video website YoukuTudou, UCWeb and Alibaba Pictures Group as well as
the company's sports, games, literature, music, and the digital entertainment
divisions.
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