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Yu Yongfu

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Chinese businessman In this Chinese name, the family name is Yu (俞).
Yu Yongfu
俞永福 / Yú Yǒngfú
Yu Yongfu
Born (1976-08-18) 18 August 1976 (age 48)
Inner Mongolia, China
NationalityChinese
Alma materNankai University
Occupation(s)CEO, UCWeb; President, Alibaba UC Mobile business group

Yu Yongfu (Chinese: 俞永福; pinyin: Yú Yǒngfú; born 18 August 1976) is a Chinese entrepreneur and chief executive of UCWeb Inc., a Chinese mobile Internet and software service best known for its popular UC Browser.

Born in Inner Mongolia, China, Yu later moved with his parents to Tianjin, where he attended Nankai University and graduated with a bachelor's degree in Business Management. In early 2001, he joined the venture capital firm Legend Capital as founding employee and worked his way up to vice president.

He joined UCWeb in 2006 as chief executive officer. During his tenure, the company has expanded from 6 employees and a single product to about 3000 employees and diversified product offerings.

Yu is also the president of Alibaba UC mobile business group, an entity incorporated after UCWeb was fully acquired by Alibaba Group in June 2014 in the largest Chinese internet M&A deal.

References

  1. company profile, BusinessWeek
  2. Ping-pong with the FT: Yu Yongfu, Financial Times, September 20, 2013
  3. Alibaba, UCWeb plan mobile-search joint venture, MarketWatch, April 28, 2014
  4. How UCWeb grew its dominant mobile browser position in China to create the UC 9Game platform
  5. Alibaba-Backed UCWeb Scouts for Mobile Acquisitions, Bloomberg, January 16, 2014
  6. Alibaba to buy out UCWeb in China's biggest internet merger, Reuters, June 11, 2014
  7. Alibaba Fully Buys Out UCWeb in China's Biggest Internet Deal Ever, Forbes magazine, June 11, 2014
  8. Alibaba Buys Remaining Stake in UCWeb, Wall Street Journal, June 11, 2014
  9. Alibaba to Acquire Rest of UCWeb to Boost Mobile Offering, Bloomberg, June 11, 2014
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