Alibaba tightens up procedures on fake product listings
Alibaba has promised to introduce a fast-track system for taking down listings for goods suspected to be counterfeit on its online marketplaces.
The move comes in the wake of a fresh lawsuit from luxury goods group Kering SA – which owns brands such as Gucci, Yves Saint Laurent (YSL) and Puma – which is claiming the Chinese online retailer is not doing enough to curb the sale of fake goods.
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