Alibaba insists it can help fight counterfeit brand goods

ORLANDO: Alibaba said it still wanted to work with companies fighting counterfeit brand-name products, a week after the Chinese online shopping platform was kicked out of an industry coalition due to long-standing accusations that it has turned a blind eye to counterfeits.

Alibaba shopping sites contain a billion product listings, and the company says it is uniquely positioned to take on the global trade in fake goods which it estimates is a $500 billion market.