UCWeb plans tie-up with peers in e-commerce

NEW DELHI: Alibaba-owned UCWeb is planning to expand into e-commerce by building a recommendation engine which will throw up product listings alongside the company’s existing offerings such as videos, a top official of the company told ET.

The Chinese firm is looking to partner with e-commerce firms such as Flipkart and Paytm Mall for the service and launch it “within this year,” Huaiyuan Yang, vice president of UCWeb Global Business, said.

“We will integrate products from different platforms which people can browse through and share, but if people have to make an actual purchase, the engine will lead them to the actual website for the purchase to happen,” said Yang, adding that the company has no immediate plans to foray into the payments space.