In amended filings, Alibaba disclosed previously unknown stakes by the Chinese government in more than 12 of its business entities, following a U.S. SEC inquiry, Bloomberg’s Sarah Zheng reports. The company also said that state-owned companies took ownership in several business entities in sports, health, logistics, and local consumer services. In addition, Alibaba disclosed small stakes in some units by sovereign wealth funds from Singapore, Malaysia, the United Arab Emirates and Qatar.
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