People ride a double bicycle past a logo of The Alibaba Group at the company's headquarters on the outskirts of Hangzhou, Zhejiang province November 10, 2014.
Credit: /Aly Song
- Alibaba Group Holding Ltd said on Friday it has been asked by the Securities and Exchange Commission to provide information concerning its interaction with a Chinese regulator.
Alibaba said in a statement it was cooperating with the SEC's request, but gave no details on what the regulator specifically wanted.
The SEC's request follows an unusually public fracas between Alibaba and China's State Administration for Industry and Commerce over the issue of fake products being sold on the company's websites.
Last month, SAIC said in a now-retracted "white paper" that it had met with Alibaba before the company's blockbuster New York stock market listing to discuss the issue of fakes sold on its platform, but had withheld publishing any report so as not to affect the initial public offering in September.
Shares of Alibaba were down 0.62 percent in extended trade, after closing up 2.24 percent at $89.05 on the New York Stock Exchange.
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