Announcement from Alibaba Group

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 People’s Republic of China (the “SAMR”). The Notice states that the SAMR has commenced an investigation pursuant to the Anti-Monopoly Law of the People’s Republic of China. We will actively cooperate with the SAMR’s investigation. The Company’s business operations remain normal.

About Alibaba Group

Alibaba Group’s mission is to make it easy to do business anywhere. The company aims to build the future infrastructure of commerce. It envisions that its customers will meet, work and live at Alibaba, and that it will be a good company that lasts for 102 years.

Contacts

Investor Contact
Rob Lin

Investor Relations

Alibaba Group Holding Limited

[email protected]

Powered by WPeMatico

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

For the last half century, thousands of communications professionals have turned to us to deliver their news to the audiences most important to their business through the sources they trust most. Over that time, we've gone from a single office with one full time employee to more than 500 employees in 32 bureaus.