Alibaba acquires remaining shares of VC-backed UCWeb
Chinese e-commerce giant Alibaba Group has bought all the remaining shares of VC-backed mobile-browser firm UCWeb.
The financial details of the transaction were not disclosed. However, the deal is understood to value UCWeb at $3.8 billion, which means it is likely to surpass Baidu's $1.9 billion acquisition of 91 Wireless...
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