By John Glenday
Chinese online retailer Alibaba has come under fire from regulators on its home turf just months after debuting on the New York stock exchange, with authorities accusing the firm of failing to provide adequate consumer protection against fake and dangerous products.
In a highly critical report The State Administration for Industry and Commerce accused the business of ‘illegal advertising’ by making false claims and also documented instances of products being sold by Alibaba which infringed trademarks, failed to meet minimum quality standards or which posed a danger to the purchaser.
The report read: “”Illegal business exists on Alibaba Group’s trading platforms, and Read full story ›
Source: The Drum