www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Companies

Alibaba to buy out UCWeb in China's 'biggest' Internet merger

(Agencies) Updated: 2014-06-11 12:28

Alibaba to buy out UCWeb in China's 'biggest' Internet merger

A woman stands next to a door inside the headquarters of Alibaba in Hangzhou, Zhejiang province, April 23, 2014.?[Photo/Agencies]

Alibaba Group Holding Ltd said on Wednesday it will buy all the remaining shares of mobile browser firm UCWeb in the biggest merger in Chinese Internet history, as the e-commerce giant steps up its spending spree ahead of its US listing.

Alibaba's latest deal, hot on the heels of a string of investments which already total $4.8 billion in the past six months, will be larger even than Baidu's $1.9 billion acquisition of 91 Wireless last year, Alibaba said.

Alibaba's investment in UCWeb emphasises the company's push to do more business on mobile in the world's biggest smartphone market. But rival Tencent Holdings Ltd, China's biggest listed Internet firm, dominates smartphone screens with its near-ubiquitous mobile messaging app WeChat, a situation which Alibaba executives have publicly railed against.

"This integration will create the biggest merger in the history of China's Internet," Alibaba said on its microblog.

Alibaba already held about a 66 percent stake in UCWeb, according to its May IPO filing.

The e-commerce giant and UCWeb will form the UCWeb Mobile Business Group responsible for Internet browsers, search services, location-based services, the mobile gaming platform, mobile application distribution and mobile literature services, UCWeb said in a statement.

UCWeb Chief Executive Yu Yongfu will act as chairman of the business group and become part of Alibaba's "strategic decision-making committee", Alibaba said.

Alibaba is preparing for a US initial public offering that could value the firm as high as $150 billion, according to analyst estimates. Even so, the firm and its affiliates have splurged on investments totalling more than $6.7 billion in the past six months alone.

The deal will mainly be done using Alibaba's stock with a smaller part as cash, Alibaba said.

UCWeb said the mobile search service had a market share of more than 20 percent.

Alibaba to buy out UCWeb in China's 'biggest' Internet merger Alibaba to buy out UCWeb in China's 'biggest' Internet merger

Alibaba invests in SingPost

 

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 亚洲视频精品在线观看 | 91九色成人 | 男人v天堂 | 国产欧美在线一区二区三区 | 亚洲炮网 | 伊人久色 | 黄a在线观看 | 久久草在线看 | 免费的成人a视频在线观看 免费的毛片 | 欧美日韩第二页 | 老头老太做爰xxx视频 | 国产精品一级毛片不收费 | 足恋玩丝袜脚视频免费网站 | 久久国产精品国产精品 | 免费一级肉体全黄毛片高清 | 亚洲 欧美 都市 自拍 在线 | 三级黄毛片 | 99精品国产在热久久 | 国产一级一片免费播放视频 | 欧美一级毛片欧美一级 | 亚洲国产一区在线精选 | a级国产| 欧美国产成人精品一区二区三区 | 国产做爰一区二区 | 成人欧美网站免费 | 狠狠色狠狠色综合 | 黄男人和女人色一级 | a欧美在线 | 91福利精品老师国产自产在线 | 国产三级在线看 | 欧美色穴 | 天干天干天啪啪夜爽爽色 | 国产成人综合91香蕉 | 美女免费黄视频 | 国产成人高清亚洲一区91 | 国产一区二区三区不卡免费观看 | 亚洲天堂在线视频观看 | 一级毛片免费不卡 | 草久在线观看视频 | 亚洲精品99久久久久久 | 精品国产成人a在线观看 |