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Tag Archives: Alibaba

Chinese hackers now turning cyber gatekeepers: Report

China, long accused by the United States of rampant cyber aggression, may be synonymous with hacking exploits these days, but that doesn’t mean every Chinese hacker is out to pilfer and destroy. As Chinese companies grapple with a sharp increase in the number of cyberattacks, many hackers are finding it increasingly …

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Alibaba sued in US by luxury brands over counterfeit goods

A group of luxury goods makers sued Alibaba Group Holding, contending the Chinese online shopping giant had knowingly made it possible for counterfeiters to sell their products throughout the world. The lawsuit was filed in Manhattan federal court by Gucci, Yves Saint Laurent and other brands owned by Paris-based Kering SA seeking …

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China fines Alibaba $129,000 for pricing violations

China’s e-commerce giant, Alibaba Group, has been fined 800,000 yuan ($129,000) by the price bureau in eastern Zhejiang province for violations by third-party sellers during promotions on its e-commerce platforms. Since Alibaba turned “Singles’ Day”, a November 11 Chinese response to Valentine’s Day, into an online shopping festival in 2009, …

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Alibaba Singles’ Day sales smash records at $6 billion

Alibaba Singles’ Day sales smash records at $6 billion Alibaba said more than $6 billion of goods have been sold so far during its annual Singles’ Day online shopping frenzy, as customers jumped on heavily discounted goods to send sales surging past 2013’s record high. More than 39 billion yuan …

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