Caixin OnlineBusiness & IndustryTop Stories Industry Closer Look: Alibaba Charges into Mobile Internet by Taking Over Browser Company
06.13.2014 17:00

Closer Look: Alibaba Charges into Mobile Internet by Taking Over Browser Company

E-commerce giant may be hoping to challenge Tencent and Baidu with latest deal, but the value of what it got is not exactly clear
By staff reporter Qin Min

(Beijing) – E-commerce giant Alibaba Group announced a merger involving mobile Internet browser company UCWeb Inc. on June 11.

Alibaba has set up a department to integrate businesses involving the mobile browser, searches, games, app platform, reader and positioning services.

These services are vitally important to the mobile Internet industry. Alibaba has put a lot of effort into mobile service, but can the merger really help it gain a leading position in the industry?

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