Alibaba confirms China's investigation, says will 'actively cooperate' - InvestingChannel

Alibaba confirms China’s investigation, says will ‘actively cooperate’

Alibaba Group Holding confirmed that it received a notice of investigation from the State Administration for Market Regulation of the People’s Republic of China. “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,” it said in a statement.