Alibaba announced yesterday that it had spent $160m over the past two years eradicating counterfeit products from its sales websites.
The Chinese ecommerce group said it employed a 2,000-strong task force and 5,400 “volunteers” to police its sites for items such as $16 Calvin Klein clutches, $90 Tiffany rings and $8 Cath Kidston backpacks.
In the third quarter, Alibaba’s retail websites transacted $90bn in merchandise – just under $1bn a day. The company typically ships more than 16m packages a day.
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