Taobao news and archive

Alibaba shifts top leadership amid restructuring plan

Chinese e-commerce giant Alibaba Group has announced the appointment of Eddie Yongming Wu as the chief executive officer of the group and chairman of Taobao and Tmall Group, effective immediately. Alongside this, Wu will also serve as chief executive officer of the two subsidiaries. He replaces Daniel Zhang, who will be stepping down the group’s...

Business|TIMELINE Featured

Timeline: the rise and rise of Alibaba

This week was shaken by several news coming from Chinese e-commerce giant Alibaba. To start, the company’s founder and CEO, Jack Ma, announced his plans to retire in 2019. Daniel Zhang is set to be his successor. Today, Alibaba and Russian technology group Mail.ru said they would launch a joint e-commerce venture in Russia and former Soviet...

Business

Hiring not part of Alibaba pledge to create US jobs

Alibaba executive vice chairman Joseph Tsai said Tuesday he expects to boost US jobs by expanding the Chinese firm's e-commerce platform -- not by hiring American workers. Tsai, speaking at a California tech conference, made the comments to follow up on a headline-grabbing pledge earlier this year by Alibaba founder Jack Ma and US President...

Business|TIMELINE Featured

Does Alibaba do enough to fight counterfeit products?

In view of Alibaba's latest setback in its fight against counterfeit products - the US just returned its online platform Taobao to its blacklist of "notorious markets" last week - FashionUnited has taken a look at what steps the Chinese internet giant has undertaken over the past few years to combat fake products on its websites. As we follow...

Business

US returns Alibaba website to counterfeits blacklist

The United States on Wednesday put a division of the Chinese e-commerce giant Alibaba back on a blacklist of "notorious markets" known for selling counterfeit goods and violating intellectual property rights. The office of the United States Trade Representative (USTR), which removed Alibaba from its annual list four years ago, included the...

Business

Alibaba increases anti-counterfeiting staff

New York - Alibaba has announced they will be adding 200 employees to help aid in their efforts against counterfeiting. The company's newly appointed chief platform governing officer Zheng Jungfend kept reiterating in a press conference that counterfeit products are "tumors of society." Alibaba Group currently has plans for data technology to be...

Business

Alibaba complains of 'misconduct' concerning SAIC report

Chinese e-commerce giant Alibaba has complained of 'misconduct' after local regulators accused the company of turning a blind eye to the sales of counterfeit goods on sites such as Taobao and Tmall. A report published by the Chinese government body SAIC (Trade and Commence) claimed that Alibaba allowed “illegal advertising” on its sites,...