Yu Yongfu Explained

Yu Yongfu
Birth Date:	18 August 1976
Birth Place:	Inner Mongolia, China
Native Name:	俞永福 / Yú Yǒngfú
Occupation:	CEO, UCWeb; President, Alibaba UC Mobile business group
Nationality:	Chinese
Alma Mater:	Nankai University

Yu Yongfu (; born 18 August 1976) is a Chinese entrepreneur and chief executive of UCWeb Inc.,^[1] 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.^[2] During his tenure, the company has expanded from 6 employees and a single product to about 3000 employees and diversified product offerings.^{[3] [4] [5]}

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.^{[6] [7] [8] [9]}

Notes and References

1. https://archive.today/20140711181410/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=46476173 company profile
2. http://www.ft.com/intl/cms/s/2/4156464c-1fe5-11e3-8861-00144feab7de.html#axzz36xupFHIg Ping-pong with the FT: Yu Yongfu
3. http://www.marketwatch.com/story/alibaba-ucweb-plan-mobile-search-joint-venture-2014-04-28 Alibaba, UCWeb plan mobile-search joint venture
4. http://www.pocketgamer.biz/asia/interview/59286/how-ucweb-grew-its-dominant-mobile-browser-position-in-china-to-create-the-uc-9game-platform/ How UCWeb grew its dominant mobile browser position in China to create the UC 9Game platform
5. https://www.bloomberg.com/news/2014-01-16/alibaba-backed-ucweb-scouts-for-mobile-acquisitions.html Alibaba-Backed UCWeb Scouts for Mobile Acquisitions
6. https://www.reuters.com/article/us-alibaba-group-ucweb-idUSKBN0EM04P20140611 Alibaba to buy out UCWeb in China's biggest internet merger
7. https://www.forbes.com/sites/jlim/2014/06/11/alibaba-fully-buys-out-ucweb-in-chinas-biggest-internet-deal-ever/ Alibaba Fully Buys Out UCWeb in China's Biggest Internet Deal Ever
8. https://online.wsj.com/articles/alibaba-buys-remaining-stake-in-ucweb-1402456416 Alibaba Buys Remaining Stake in UCWeb
9. https://www.bloomberg.com/news/2014-06-11/alibaba-to-acquire-rest-of-ucweb-to-boost-its-mobile-offerings.html Alibaba to Acquire Rest of UCWeb to Boost Mobile Offering