In China it has reached partnership with local companies such as WASU, a government-backed digital content company who recently sold 20% stake to Chinese Internet giants, Alibaba and Giant Interactive. What sounds more interesting is PMC wants to help Chinese Internet services enter Indian market. Jay Penske, founder and CEO of PMC, thinks there is a variety of Chinese Internet services or business models, such as video platforms like Youku, Internet security services like Qihoo 360’s, mobile browsers and so on, that are absent or not strong in India and Chinese services have a good chance. Currently UC Web seems that most successful Chinese Internet service in India. Xiaomi, the fast-growing Chinese smart device and mobile service provider, said they’d expand to developing markets including India soon.