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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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