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Stories with subject: Holiday shopping
  • US probes e-commerce giant Alibaba's accounting practices 
    Updated: May-25-16 4:09 pm

    WASHINGTON - Chinese e-commerce giant Alibaba wowed investors when it went public in the U.S. in September 2014, and its profits have bucked Wall Street expectations amid the Chinese economy's slowdown. Yet its unorthodox business structure has raised eyebrows, it's been suspended from an anti-counterfeiting group, and now U.S. regulators are investigating its accounting practices.