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Grupo Folha and Folhapar are UOL’s main shareholders.

UOL won more than 100 awards as one of Brazil’s largest online portal since 1996. In July 1996 it put online an operation with a 2 megabit per second base connection.

It also holds more than 300 thousand online shops, 23 million buyers and 4 million people selling goods and services in its portals UOL was established by Grupo Folha on April 28, 1996.

After 7 months, UOL joined portal Brasil Online (BOL) from Editora Abril.

UOL absorbed the subscribers of Internet provider Compuserve in Brazil in a move that increased its connection capability to 74 megabits.

UOL launched UOL Discador, a feature that eliminated Internet access in case of busy network in 1998.

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The business unit, now called UOL Boa Compra, works with more than 400 video game companies including Electronic Arts, Valve, Smilegate and Ubisoft; providing localized payment coverage for more than 5,000 online games across Latin America, Spain, Portugal and Turkey.UOL also launched TV UOL (their Video Sharing Platform), with content based on music videos, interviews and movie trailers, and Acesso Net, a company that provides larger Internet access in Brazil’s major cities.UOL also expanded its connection capability to 20 megabits and received the award of best web provider and Internet users favorite’s website of Informática Exame magazine in 1997.Afterwards it released the UOL Business channel providing information to corporations and executives and also channels for Brazilian celebrities such as Leonardo, Raul Gil and Sandy & Junior in 2003.In 2005, UOL made its IPO on Bolsa de Valores de São Paulo (BOVESPA). UOL created the social network UOLK in 2005, which was online until 2008.

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