Alibaba (BABA) Receives Notice of Anti-Monopoly/Anti-Trust Investigation by Chinese Government

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Go back to Alibaba (BABA) Receives Notice of Anti-Monopoly/Anti-Trust Investigation by Chinese Government

Announcement from Alibaba Group

December 24, 2020 3:24 AM EST

HANGZHOU, China--(BUSINESS WIRE)-- Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, the Company) announced that today it received a notice of investigation (the Notice) from the State Administration for Market Regulation of the Peoples Republic of China (the SAMR). The Notice states that the SAMR has commenced an investigation... More