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

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.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.