Alibaba Group Has Received the Administrative Penalty Decision Issued by the State Administration for Market Regulation of th...
April 09 2021 - 9:01PM
Business Wire
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988,
“Alibaba” or “Alibaba Group”) today announced that it has received
the Administrative Penalty Decision issued by the State
Administration for Market Regulation of the People’s Republic of
China.
Alibaba accepts the penalty with sincerity and will ensure its
compliance with determination. To serve its responsibility to
society, Alibaba will operate in accordance with the law with
utmost diligence, continue to strengthen its compliance systems and
build on growth through innovation.
The company will hold a conference call on Monday, April 12,
2021 to discuss the Administrative Penalty Decision at 8:00 a.m.
Hong Kong Time (8 p.m. U.S. Eastern Time on Sunday, April 11,
2021).
Details of the conference call are as follows:
International: +65 6713 5330 U.S.: +1 347 549 4094 U.K.: +44 203
713 5084 Hong Kong: +852 3018 8307 China Landline: 800 820 2079
China Mobile: 400 820 6895 Conference ID: 6934098 (English)
A live webcast of the conference call can be accessed at
https://edge.media-server.com/mmc/p/t76yro7p. An archived webcast
will be available through the same link following the call. A
replay of the conference call will be available for one week
(dial-in number: +61 2 8199 0299; same conference ID as shown
above).
About Alibaba Group
Alibaba Group’s mission is to make it easy to do business
anywhere. The company aims to build the future infrastructure of
commerce. It envisions that its customers will meet, work and live
at Alibaba, and that it will be a good company that lasts for 102
years.
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version on businesswire.com: https://www.businesswire.com/news/home/20210409005494/en/
Rob Lin Investor Relations Alibaba Group Holding Limited
investor@alibabagroup.com
Alibaba (NYSE:BABA)
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