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$BABA said the SEC is investigating its consolidation policies & practices, including its accounting for Cainiao Network as an equity method investee, and also its policies & practices applicable to related party transactions. $BABA said the SEC is also looking at its reporting of operating data from Singles Day, a one-day shopping event in China.
$TWTR mentions Snap as one of its fiercest rivals in its 10K filing. Great head start for Snap ahead of IPO!