Former Alibaba Pictures Executive Under Investigation for Corruption

A former vice president of Alibaba Pictures is under investigation for corruption, insiders at subsidiaries of China e-commerce giant Alibaba Group Holding Ltd. have confirmed.

In a reply to a Caixin inquiry, Alibaba Pictures said that reports that Kong Qi has been put under police investigation for embezzlement and taking bribes aren't relevant to the company's current business operations, as Kong's alleged violations did not occur when he worked at the company.