[February 02, 2015]

INVESTOR ALERT: Investigation of Alibaba Group Holding Limited Announced by Glancy Binkow & Goldberg LLP

Glancy Binkow & Goldberg LLP announces that it is investigating potential claims on behalf of investors of Alibaba Group Holding Limited ("Alibaba" or the "Company") (NYSE:BABA) concerning possible violations of federal securities laws. The investigation is focused on certain statements issued by Alibaba concerning the Company's business and operations. Investors who have losses of $1 million or more are encouraged to contact the firm for more information.

Please contact Lesley Portnoy at (888) 773-9224 or (310) 201-9150 or at [email protected] to iscuss this matter. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

Alibaba is based in Hangzhou, China, and through its subsidiaries operates as an online and mobile commerce company in the People's Republic of China and internationally. The investigation is related to allegations by China's State Administration for Industry and Commerce (SAIC (News - Alert)) that the Company "has long paid insufficient attention to the illegal business activities on Alibaba platforms." On January 28, 2015, the SAIC - a government regulatory agency that operates in a supervisory role over online trading platforms and business in China - issued a report alleging that many products sold on Alibaba's e-commerce websites and services infringed upon trademarks, were substandard or fake, were banned or endangered public security. According to Reuters (News - Alert).com, the SAIC report summarized a July 16, 2014, meeting between Chinese government business regulators and Alibaba. Following this news, on January 29, 2015, Alibaba shares dropped more than 8% below the previous closing price.

If you purchased Alibaba shares between October 21, 2014 and January 28, 2015, and suffered losses of $1 million or more, if you have information or would like to learn more about these claims, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at (310) 201-9150, Toll Free at (888) 773-9224, by e-mail to [email protected], or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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