The Little-Known Alibaba Unit That Prompted an SEC Probe
- Alibaba’s logistic network Cainiao isn’t a consolidated entity
- U.S. SEC probing Alibaba on Cainiao-related accounting
SEC Probing Alibaba on Cainiao-Related Accounting
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The Chinese delivery business that lets customers of Alibaba Group Holding Ltd. ship packages from Shanghai in the east to a far-flung province bordering Pakistan in the west is now stirring questions from U.S. regulators.