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
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.
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