Jack Ma defends Alibaba amid criticism about fake products
Authorities have accused it of allowing "illegal" actions on its multi-billion-dollar online shopping platform
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Hong Kong
ALIBABA founder Jack Ma has defended his company's reputation after authorities accused it of allowing "illegal" actions on its multi-billion-dollar online shopping platform, saying he does not want it to be seen as a hub for fake products.
The Chinese billionaire spoke out after a powerful Beijing regulator delivered an unusual dressing-down of the prominent company, publishing a survey saying only about a third of products sampled from Alibaba's consumer-to-consumer marketplace Taobao were genuine.
Share with us your feedback on BT's products and services
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?
