{"id":474481,"date":"2021-04-09T22:04:19","date_gmt":"2021-04-10T02:04:19","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=474481"},"modified":"2021-04-09T22:04:19","modified_gmt":"2021-04-10T02:04:19","slug":"alibaba-group-has-received-the-administrative-penalty-decision-issued-by-the-state-administration-for-market-regulation-of-the-peoples-republic-of-china","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/alibaba-group-has-received-the-administrative-penalty-decision-issued-by-the-state-administration-for-market-regulation-of-the-peoples-republic-of-china\/","title":{"rendered":"Alibaba Group Has Received the Administrative Penalty Decision Issued by the State Administration for Market Regulation of the People\u2019s Republic of China"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Alibaba Group Has Received the Administrative Penalty Decision Issued by the State Administration for Market Regulation of the People\u2019s Republic of China<\/b><\/p>\n<p>HANGZHOU, China&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nAlibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, \u201cAlibaba\u201d or \u201cAlibaba Group\u201d) today announced that it has received the Administrative Penalty Decision issued by the State Administration for Market Regulation of the People\u2019s Republic of China.\n<\/p>\n<p>\nAlibaba 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.\n<\/p>\n<p>\nThe 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).\n<\/p>\n<p>\nDetails of the conference call are as follows:\n<\/p>\n<p>\nInternational: +65 6713 5330<br \/>\n<br \/>U.S.: +1 347 549 4094<br \/>\n<br \/>U.K.: +44 203 713 5084<br \/>\n<br \/>Hong Kong: +852 3018 8307<br \/>\n<br \/>China Landline: 800 820 2079<br \/>\n<br \/>China Mobile: 400 820 6895<br \/>\n<br \/>Conference ID: 6934098 (English)\n<\/p>\n<p>\nA live webcast of the conference call can be accessed at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fedge.media-server.com%2Fmmc%2Fp%2Ft76yro7p&amp;esheet=52409716&amp;newsitemid=20210409005494&amp;lan=en-US&amp;anchor=https%3A%2F%2Fedge.media-server.com%2Fmmc%2Fp%2Ft76yro7p&amp;index=1&amp;md5=d12ed026c69cbe137c66d53919328798\">https:\/\/edge.media-server.com\/mmc\/p\/t76yro7p<\/a>. 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).\n<\/p>\n<p><b>About Alibaba Group<\/b><\/p>\n<p>\nAlibaba Group\u2019s 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.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210409005494r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210409005494\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210409005494\/en\/<\/a><\/span><\/p>\n<p>\nRob Lin<br \/>\n<br \/>Investor Relations<br \/>\n<br \/>Alibaba Group Holding Limited<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:investor@alibabagroup.com\">investor@alibabagroup.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> China Asia Pacific<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Software Other Retail Internet Specialty Data Management Technology Online Retail Retail<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210409005494\/en\/821798\/3\/library_logos_alibababv_large.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Alibaba Group Has Received the Administrative Penalty Decision Issued by the State Administration for Market Regulation of the People\u2019s Republic of China HANGZHOU, China&#8211;(BUSINESS WIRE)&#8211; Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, \u201cAlibaba\u201d or \u201cAlibaba Group\u201d) today announced that it has received the Administrative Penalty Decision issued by the State Administration for Market Regulation of the People\u2019s 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 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/alibaba-group-has-received-the-administrative-penalty-decision-issued-by-the-state-administration-for-market-regulation-of-the-peoples-republic-of-china\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Alibaba Group Has Received the Administrative Penalty Decision Issued by the State Administration for Market Regulation of the People\u2019s Republic of China&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-474481","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Alibaba Group Has Received the Administrative Penalty Decision Issued by the State Administration for Market Regulation of the People\u2019s Republic of China - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/alibaba-group-has-received-the-administrative-penalty-decision-issued-by-the-state-administration-for-market-regulation-of-the-peoples-republic-of-china\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alibaba Group Has Received the Administrative Penalty Decision Issued by the State Administration for Market Regulation of the People\u2019s Republic of China - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Alibaba Group Has Received the Administrative Penalty Decision Issued by the State Administration for Market Regulation of the People\u2019s Republic of China HANGZHOU, China&#8211;(BUSINESS WIRE)&#8211; Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, \u201cAlibaba\u201d or \u201cAlibaba Group\u201d) today announced that it has received the Administrative Penalty Decision issued by the State Administration for Market Regulation of the People\u2019s 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 &hellip; Continue reading &quot;Alibaba Group Has Received the Administrative Penalty Decision Issued by the State Administration for Market Regulation of the People\u2019s Republic of China&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/alibaba-group-has-received-the-administrative-penalty-decision-issued-by-the-state-administration-for-market-regulation-of-the-peoples-republic-of-china\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-10T02:04:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210409005494r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/alibaba-group-has-received-the-administrative-penalty-decision-issued-by-the-state-administration-for-market-regulation-of-the-peoples-republic-of-china\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/alibaba-group-has-received-the-administrative-penalty-decision-issued-by-the-state-administration-for-market-regulation-of-the-peoples-republic-of-china\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Alibaba Group Has Received the Administrative Penalty Decision Issued by the State Administration for Market Regulation of the People\u2019s Republic of China\",\"datePublished\":\"2021-04-10T02:04:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/alibaba-group-has-received-the-administrative-penalty-decision-issued-by-the-state-administration-for-market-regulation-of-the-peoples-republic-of-china\\\/\"},\"wordCount\":329,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/alibaba-group-has-received-the-administrative-penalty-decision-issued-by-the-state-administration-for-market-regulation-of-the-peoples-republic-of-china\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210409005494r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/alibaba-group-has-received-the-administrative-penalty-decision-issued-by-the-state-administration-for-market-regulation-of-the-peoples-republic-of-china\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/alibaba-group-has-received-the-administrative-penalty-decision-issued-by-the-state-administration-for-market-regulation-of-the-peoples-republic-of-china\\\/\",\"name\":\"Alibaba Group Has Received the Administrative Penalty Decision Issued by the State Administration for Market Regulation of the People\u2019s Republic of China - 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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. 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