UCWeb Claims 20% Penetration in China’s Mobile Search Market, Only One Week after Dumping Baidu for Alibaba

Shenma Mascot — Shenma literally means horse God.

The CEO of UCWeb, the leading Chinese mobile browser and mobile service provider, said today at GIMC conference that the penetration rate of Shenma, SM.cn, in China’s mobile search market has reached 20%.

It’s only one week after the announcement of the mobile search company which was jointly established with Alibaba Group. (Update: Alibaba had had 66% stake in UCWeb when Shenma mobile search was launched, according to its IPO filing.)

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