Alibaba Fights Corruption in its e-Commerce Business Taobao

Posted by Joachim Bartels | May 7, 2012 | Alibaba, China, E-Commerce, Taobao | 0 |

Alibaba Group recently announced that it has launched an investigation into corruption within the company in response to a newspaper story alleging that Alibaba’s C2C e-commerce platform, Taobao.com, was full of corruption.

Alibaba said that it has permanently shut down nine online stores that did business on Taobao.com and turned over several corrupt Taobao employees to the police. Yang Lei, director of Alibaba Group’s public relations department, said that more employees may be turned in to the authorities if the company’s investigation uncovers further evidence of serious corruption at Taobao.

Alibaba intends to continue its probe in order to maintain a healthy e-commerce environment.

Source: BrightWire News

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Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

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