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[Reuters] Alibaba to buy out UCWeb in China's biggest internet merger
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[Reuters] Alibaba to buy out UCWeb in China's biggest internet merger
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BEIJING (Reuters) - Alibaba Group Holding Ltd [IPO-ALIB.N] will fully acquire mobile browser firm UCWeb in the biggest merger in Chinese internet history, upping the stakes in its battle with arch-rivals Tencent and Baidu.
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