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Sec Probes Alibaba Accounting Methods, Shares Dive


Ron Burgundy
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An employee is seen behind a glass wall with the logo of Alibaba at the company's headquarters on the outskirts of Hangzhou, Zhejiang provinceAlibaba said the Securities and Exchange Commission launched the investigation earlier this year. The latest investigation highlights how far Alibaba has to go to improve transparency, as it also fights sales of fake items, while a continuing acquisition spree creates uncertainty over its earnings. It was not immediately clear what prompted the SEC investigation.




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