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China's Alibaba Faces US Investigations

Chinese e-commerce giant Alibaba, which has posted stellar financial performances year after year, is suddenly going through stormy times, with two different investigations launched against its operations in the United States. Alibaba, known as the closest rival to Amazon and listed on the New York Stock Exchange, is under the microscope of the U.S. Securities and Exchange Commission, as well as the International Anti-Counterfeiting Coalition. After Alibaba disclosed the SEC...

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