Tag Archives: Alibaba

Alibaba takes control of logistics business, pledges $15 billion to expand network

HONG KONG (Reuters) – Chinese e-commerce firm Alibaba Group announced it will invest 100 billion yuan ($ 15.12 billion) over five years to build a global logistics network and also take control of a $ 20 billion unit, underpinning an … Continue reading

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Alibaba upgrades anti-counterfeiting system following complaints

Amid complaints that the e-commerce company does little to fight fake goods, China’s Alibaba Group is giving foreign vendors a direct line to report any counterfeit products spotted on its retail sites. The e-commerce giant has introduced an English-language version … Continue reading

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