The Value Of UC Browser Has Shrunk Dramatically And Yu Yongfu's Dream Of Independent Listing Has Been Shattered.

< p > UC, which has been silent for many years due to "Ali Holdings", has been pushed onto the cusp again. It seems that until now, people concerned about the a href= "http://www.91se91.com/" Internet /a industry have remembered that there was also a browser called "mobile Internet access" and once intended to be an independent IPO browser named UC. From that year's valuation of up to $2 billion to Ali's holdings of $680 million, the value of UC browsers has shrunk dramatically, and its CEO Yu Yongfu's dream of independent listing has finally come to nothing. < /p >
The news of < p > UC can be traced back to an interview article by Reuters at the end of 2009. The article quoted Yu Yongfu's statement as "depending on the timing of the company's business expansion and other market factors". The site was then announced in Hongkong or NASDAQ. But in the following period of time, many executives of UC, including Yu Yongfu, repeatedly talked about the details of the listing in the interview, making only vague statements. "Listing is just a process that can bring value to the brand and motivate employees. Only under these two functions will UC consider listing, and there is no specific timetable". Today, UC's "listing" rhetoric has been in the past 6 years since the beginning of 09 years. < /p >
< p > after all, today's mobile Internet environment has changed dramatically. One after another, super APP has come out of WeChat and embedded browsers keep people's attention constantly shifting. People can read a lot of articles through WeChat. At the same time, almost all websites are trying to promote their APP applications. Today's headlines, NetEase news, know daily news, media and even communities are presented in the form of APP. Coupled with the impact of Baidu mobile phones and light applications, it has made the a href= "http://www.91se91.com/" > mobile phone < /a > browser starlight very bleak. < /p >
< p > as pointed out in the Sohu science and Technology Bulletin, "< a href=" http://www.91se91.com/ > browser < /a > the role of the future in the mobile Internet market is still obscure and controversial. There are still no mobile game companies in the two tier market. Even Evernote, Pinterest and Foursquare have just begun to prepare for IPO, and even some of them have been caught cold in the new round of financing. Even the mobile Internet companies in the US can not be accepted by the capital market. Yu Yongfu's UC is afraid that it will be difficult for him to finish the IPO of the scenery as he wants. " < /p >
< p > when the way of direct listing becomes difficult and distant, seeking partner support is another option. Perhaps that is why UC chose Alibaba. However, it is regrettable that UC had faced a better choice before joining Ali. According to the revelations, Baidu had intended to hold a strategic stake in UC two years ago, and the valuation price had even been given to US $2 billion. If this cooperation is negotiated, $2 billion will be the largest M & A in the history of Internet in China, and Baidu's advantages in technology and channel will be of great benefit to the future development of UC. However, UC missed such a good opportunity. < /p >
< p > July 2013, Baidu announced the acquisition of 91 assistants with $1 billion 900 million and completely separated from UC. Under the impact of the APP, WeChat and other big waves, the news of UC browser is getting smaller and smaller. After that, UC has accepted two investments from Ali, and finally sold 66% shares at a price of only 680 million dollars, and its valuation greatly shrank. This also means that the possibility of UC's independent listing is already 0, and Yu Yongfu himself has no longer mentioned the listing. < /p >
< p > some analysts believe that UC has undoubtedly missed the best selling opportunity. Although there is still a certain amount of user base, it is an indisputable fact that the volume of users is stagnant or even gradually shrinking. In the downhill situation, it is only a matter of frustration for UC to sell it to Ali only less than half the price quoted by Baidu. And accept Ali Investment Holdings, will be bound by Ali's business, Yu Yongfu has been relish the UC "independent development" road, I am afraid this will end. < /p >