[Reuters] Alibaba to buy out UCWeb in China's 'biggest' internet merger - 06/11/14 04:59 AM
BEIJING (Reuters) - Alibaba Group Holding Ltd [IPO-ALIB.N] 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 U.S. listing.