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Alibaba | CORRESP: CORRESP

Alibaba | CORRESP: CORRESP

阿里巴巴 | CORRESP：信函
SEC announcement ·  01/17 07:47
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Alibaba Group Holding Limited, the Cayman Islands-incorporated company, has responded to the U.S. Securities and Exchange Commission (SEC) regarding comments on its annual report for the fiscal year ended March 31, 2023. The response, dated January 17, 2024, addresses the SEC's December 18, 2023, letter which raised questions about Alibaba's financial disclosures. Alibaba has undergone a significant reorganization, creating six major business groups, which has led to updated segment reporting. The SEC's inquiries included requests for Alibaba to separately quantify advertising and commission revenues and to provide more detailed explanations of the factors affecting its financial results. Alibaba maintains that a separate presentation of these revenues would not offer additional insight into business trends. The company has also provided additional information on the impact of governmental ownership in its subsidiaries and confirmed that its corporate documents do not contain any charter of the Chinese Communist Party. Alibaba's response includes proposed revisions to its financial disclosures to better quantify and explain changes in its revenues and expenses.
Alibaba Group Holding Limited, the Cayman Islands-incorporated company, has responded to the U.S. Securities and Exchange Commission (SEC) regarding comments on its annual report for the fiscal year ended March 31, 2023. The response, dated January 17, 2024, addresses the SEC's December 18, 2023, letter which raised questions about Alibaba's financial disclosures. Alibaba has undergone a significant reorganization, creating six major business groups, which has led to updated segment reporting. The SEC's inquiries included requests for Alibaba to separately quantify advertising and commission revenues and to provide more detailed explanations of the factors affecting its financial results. Alibaba maintains that a separate presentation of these revenues would not offer additional insight into business trends. The company has also provided additional information on the impact of governmental ownership in its subsidiaries and confirmed that its corporate documents do not contain any charter of the Chinese Communist Party. Alibaba's response includes proposed revisions to its financial disclosures to better quantify and explain changes in its revenues and expenses.
开曼群岛注册公司阿里巴巴集团控股有限公司已就其截至2023年3月31日的财年年度报告的评论向美国证券交易委员会（SEC）作出回应。该回复日期为2024年1月17日，涉及美国证券交易委员会2023年12月18日的信函，该信对阿里巴巴的财务披露提出了质疑。阿里巴巴进行了重大重组，创建了六个主要业务组，从而更新了细分市场报告。美国证券交易委员会的调查包括要求阿里巴巴分别量化广告和佣金收入，并对影响其财务业绩的因素提供更详细的解释。阿里巴巴坚持认为，单独列报这些收入并不能为业务趋势提供更多见解。该公司还提供了有关其子公司政府所有权影响的更多信息，并确认其公司文件不包含中国共产党的任何章程。阿里巴巴的回应包括对财务披露的拟议修订，以更好地量化和解释其收入和支出的变化。
开曼群岛注册公司阿里巴巴集团控股有限公司已就其截至2023年3月31日的财年年度报告的评论向美国证券交易委员会（SEC）作出回应。该回复日期为2024年1月17日，涉及美国证券交易委员会2023年12月18日的信函，该信对阿里巴巴的财务披露提出了质疑。阿里巴巴进行了重大重组，创建了六个主要业务组，从而更新了细分市场报告。美国证券交易委员会的调查包括要求阿里巴巴分别量化广告和佣金收入，并对影响其财务业绩的因素提供更详细的解释。阿里巴巴坚持认为，单独列报这些收入并不能为业务趋势提供更多见解。该公司还提供了有关其子公司政府所有权影响的更多信息，并确认其公司文件不包含中国共产党的任何章程。阿里巴巴的回应包括对财务披露的拟议修订，以更好地量化和解释其收入和支出的变化。
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