Alibaba Group
In June 2014, UCWeb was acquired by Alibaba Group in the largest Chinese Internet merger deal through which UCWeb will form the Alibaba UC mobile business group by assimilating and consolidating part of mobile-related businesses within the Alibaba Group. After the merger, under the leadership of Yu Yongfu, chief executive of UCWeb since 2006, the Alibaba UC mobile business group will oversee the browser, search, location-based service, app store, mobile gaming and mobile reader operations.