Actionable news
0
All posts from Actionable news
Actionable news in BABA: ALIBABA GROUP HOLDING LIMITED,

Anti-counterfeiting group suspends Alibaba after member outcry

An anti-counterfeiting group says it's suspending Alibaba's membership following an uproar by some companies that view the Chinese e-commerce giant as the world's largest marketplace for fakes.

U.S. listed shares of Alibaba were more than 2 percent lower after the news.

The International Anti-Counterfeiting Coalition tells members it failed to inform the board about conflicts of interest involving the...


More