UCWeb, a subsidiary of Chinese giant Alibaba Group, plans to launch an e-commerce service in India in the coming months. In a statement to TechCrunch, a UCWeb spokesperson said the firm plans to build ...
After merging with China’s Alibaba Group, local mobile browser developer UCWeb is seeking to accelerate its international expansion, and double its user base to 1 billion over the next three to five ...
Not a household name quite yet in Western markets, China’s UCWeb — a mobile browser that has attracted a whopping 200 million monthly active users mostly in Asia — is looking to become one on this ...
China’s e-commerce juggernaut, Alibaba Group has officially completed the acquisition and merger of UCWeb, China’s number one mobile browser company to form the UC Mobile Business Group. The deal will ...
In the previous article, we discussed how Alibaba’s (BABA) acquisition initiatives and other investment measures drove EBITDA margins down. During the earnings conference call, management provided ...
It's deal-making time in Chinese cyberspace. As more mainlanders go online via smartphones and tablets, the country's biggest Web companies are gearing up for the era of mobile e-commerce. That's one ...
Facebook’s $19 billion acquisition of WhatsApp has woken many in the West to companies that are building their business in global markets, and browser-maker UCWeb is another that has flown under the ...
BEIJING (Reuters) - Alibaba Group Holding Ltd will fully acquire mobile browser firm UCWeb in the biggest merger in Chinese internet history, upping the stakes in its battle with arch-rivals Tencent ...
China’s Alibaba Group is buying UCWeb, one of the nation’s top mobile browser companies, in a deal that will give the e-commerce giant a bigger reach with smartphone users. It’s unclear how much ...
Earlier this month, Chinese e-commerce giant Alibaba announced its decision to acquire the remaining shares of UCWeb, a company in which it already owned a 66% stake. UCWeb operates China's leading ...
The deal comes ahead of the Alibaba's IPO and may have a price tag higher than Baidu's $1.9 billion acquisition of mobile app store 91 Wireless. Francis Bea is a technology writer who has written ...