By  on December 23, 2014

Chinese e-commerce giant Alibaba said Tuesday it has spent more than 1 billion renminbi, or $160.7 million, on fighting counterfeit goods and consumer protection efforts from the beginning of 2013 through November.

This story first appeared in the December 24, 2014 issue of WWD. Subscribe Today.

To continue reading this article...

load comments
blog comments powered by Disqus