Alibaba Acquires Controlling Stake in eCommerce Platform Lazada
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Alibaba (BABA) Joins International AntiCounterfeiting Coalition
April 13, 2016 7:02 AM EDTAlibaba Group (NYSE: BABA) announced its official membership in the International AntiCounterfeiting Coalition (IACC) as the first e-commerce company to join the worlds largest non-profit organization dedicated to combating product counterfeiting and piracy.
Preserving the integrity of Alibabas marketplaces is a top priority. Counterfeiting is a global, industry-wide issue, and effective collaboration with brands, retailers, trade associations, governments and other industry partners is a key component to our overall success, said Matthew Bassiur, Vice President and Head of Global IP Enforcement at Alibaba Group. IACC membership will further enhance our earnest efforts to forge... More
