Hangzhou-headquartered Chinese e-commerce giant Alibaba Group Holding says it would acquire the remaining stake of mobile-browser company UCWeb it doesn't already own for an undisclosed amount, according to Alibaba's official Weibo account. Alibaba currently owns 66% of UCWeb, which provides smartphone services including a browser, a search engine, an app store and a gaming platform […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.