Alibaba Group Holding Ltd (NYSE:BABA) To Fight Fakes By Building Local Brands

Committee Against Smuggling and Counterfeiting Activities Destroying the Economy

Alibaba Group Holding Ltd (NYSE:BABA) To Fight Fakes By Building Local Brands

May 26, 2015 by adminficci News 0 comments

Alibaba Group Holding Ltd (NYSE:BABA) is definitely finding it tough to walk away from the latest fake-good sales imbroglio. As recent as a few weeks ago, Alibaba Group Holding Ltd was legally accused of selling products which were fakes of their brand, by Gucci. The ecommerce giant is yet to emerge from the legal issue, without major fines or terms of services.