May 25, 2016 Sophia Vida

Alibaba (NASDAQ: BABA) Bends Over For An SEC Probing

Alibaba may be feeling a little distressed at the moment with the SEC probing the company’s operating data from Singles Day. Singles Day was the Chinese e-commerce giant’s annual blockbuster sales day that generated more than $14 billion in revenue on November 11th. In a public filing released late Tuesday, Alibaba acknowledged the investigation which … Continue reading “Alibaba (NASDAQ: BABA) Bends Over For An SEC Probing”