Hangzhou-headquartered Chinese e-commerce giant Alibaba Group Holding says it would acquire the remaining stake of mobile-browser company UCWeb it doesn't already own for an undisclosed amount, according to Alibaba's official Weibo account. Alibaba currently owns 66% of UCWeb, which provides smartphone services including a browser, a search engine, an app store and a gaming platform […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
Visit the original source and full text: China Money Network
Any news and links syndicated from other sources are copyright those respective websites and/or publications. We post brief synopsis and links per what the respective websites' RSS feeds provide.