Global Edition
Global Edition
UK Edition
EU Edition
US Edition

Verilumia

The Daily Verified Briefing

Markets

Alibaba, US payment unit settle DOJ probe for $600M

Published 2 July 2026

Chinese e-commerce giant Alibaba Group and its U.S.-based payment processor have agreed to pay a combined $600 million to resolve a federal investigation into illegal pharmaceutical and controlled substance sales on their platforms.

© 2026 Verilumia Ltd. All rights reserved.

Verified, fact-checked news you can trust.

0:00 / 0:00