As the adage goes, where there’s smoke, there’s usually fire. Among other things, the SEC is looking into the accounting for Alibaba’s part-owned logistics joint venture, its treatment of related party transactions in general and its reporting of... In a regulatory filing Wednesday, the Chinese e-commerce giant said it is being investigated by the U.S. Securities and Exchange Commission. And the smoke is growing thicker around Alibaba.

Source: Wall Street Journal May 25, 2016 14:56 UTC