Are Alibaba’s e-commerce platforms a wretched hive of fakes and counterfeits, or has the company really made progress in eradicating counterfeiters from its sites? As the U.S. Trade Representative makes a list of which places on the internet tend to sell fakes, that’s an important question: is Alibaba really doing all that it can to root out knockoffs? [More]
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Alibaba Founder Jack Ma: No, I Didn’t Mean That Counterfeit Goods Are Better Than Originals
Remarks to investors in China by Alibaba Group founder and CEO Jack Ma about the improving quality of counterfeit and knockoff goods must not have gone over well with the foreign name brands that the company hopes to attract to sell on its platforms. Ma sent an op-ed to the Wall Street Journal explaining that he didn’t actually mean that counterfeit goods are better. [More]