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This used to be a lot more common with Pocket PCs and feature phones. Opera Mini was very popular for devices that couldn't render a page on their own, or wanted to save on bandwidth. I guess there's still a market for this on low-spec devices.

Used to use some of these browsers on my ipod touch to bypass middle school web filtering.

What happened to Amazon Silk?

They're going for the niche of people who want to do serious web browsing on mobile, don't have 100$ to buy a half-decent mobile device, but are still willing to pay for a service?

It might not be a whole lot faster on modern high end phones in a good coverage area, but on super cheap androids that can barely render websites its way quicker. These kinds of browsers gets alot of free speed gains from stripping advertisements out as well.

It's potentially quite dangerous since it means that rendering servers can see everything.

Seems also time limited and with ads.