HANGZHOU, China--(BUSINESS WIRE)--A statement from Alibaba Group Holding Ltd. (NYSE:BABA) is below: “Today Alibaba Group received notices from Zhejiang Price Bureau that the company has been fined RMB500,000 (approx. US$81,000) for matters related to Singles Day pricing by third-party sellers on our Tmall marketplace in 2013 and 2014 and RMB300,000 (approx. US$48,000) for pricing in other promotions in 2013 and 2015. Alibaba marketplaces are designed to bring buyers and sellers together and, wh