Alibaba’s AliExpress and Tencent’s WeChat are said to be facilitating “substantial trademark counterfeiting.”

In its newly released 2021 Review of Notorious Markets for Counterfeiting and Piracy, or Notorious Markets List for short, the Office of the United States Trade Representative (USTR) highlights the prevalence of China-based markets in trademark counterfeiting and copyright piracy. The review emphasizes that the growth of online commerce has greatly extended the reach of […]
Many large Chinese e-commerce companies found themselves in the sights of the U.S. Trade Representative, Thursday, due to the buying and selling of counterfeit goods online.
The U.S. government adds AliExpress and WeChat''s e-commerce ecosystem to a list of marketplaces notorious for selling counterfeit and pirated goods.

Alibaba, Tencent on US ''notorious markets'' list

04:41pm, Thursday, 17'th Feb 2022 Breaking the News 24/7
United States government added Alibaba Group Holding Ltd. and Tencent Holdings Ltd. to their "notorious markets" list. The US trade representative''s office claimed on Thursday that the t…
(Reuters) – E-commerce sites operated by China’s Tencent Holdings Ltd and Alibaba Group Holding Ltd were included on the U.S. government’s latest “notorious markets” list of entities that allegedly sell or facilitate the sale of counterfeit goods, the U.S. Trade Representative’s office said.
U.S. adds e-commerce sites operated by Tencent, Alibaba to ''notorious markets'' list

Alibaba, Tencent E-Commerce Sites Tagged by U.S. for Counterfeit Sales

04:00pm, Thursday, 17'th Feb 2022 The Wall Street Journal
Both were on the “notorious markets’’ list of entities that allegedly sell or facilitate the sale of counterfeit goods.

Alibaba said to push direct online retail model amid increased competition

12:00pm, Thursday, 17'th Feb 2022 South China Morning Post
A new app to be launched via Tmall will establish an online retail model in which Alibaba will directly source, buy, store and market goods in a manner akin to rival JD.com’s traditional operation.
Alibaba Group Holding plans to introduce a direct online retail model to complement the operations of its flagship platforms Taobao Marketplace and Tmall, according to a Chinese media report, in a move that would bolster its core e-commerce business amid increased competition and weak consumer spending on the mainland.A new app, called Mao Xiang in Mandarin, will be launched via Tmall to establish an online retail model in which Alibaba is directly involved in sourcing, buying, storing and…
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Chinese e-commerce giant Alibaba Group Holding said it introduced a cloud-based transmission technology for the Beijing 2022 Winter Olympics, enabling broadcasters to live-stream the games to billions of viewers around the world.Powered by Alibaba Cloud, the new transmission system is being widely used for the first time by Olympic Broadcasting Services (OBS) as a standard service to licensed broadcasters, the Hangzhou-based company said on Thursday. OBS was established by the International…
Investor Charlie Munger voiced his thoughts about a handful of trends and companies in the tech sector, in particular, at Daily Journal''s annual meeting on Wednesday.
"COVID Exhaustion": People Are "Done Being Told What To Do": Former CBOE Floor Trader Submitted by QTR''s Fringe Finance This is part 2 of an exclusive Fringe Finance interview with former floor trader Ryan Sellers (@OpenOutcrier), where we discuss options trading, trading vs. investing, his outlook on the markets, how the nation and the Fed will navigate 2022 and the state of overall liquidity. Ryan began trading in 2002 on the floor of the Chicago Board of Options Exchange (CBOE) as a market maker in the DJX and SPX pits. In 2005, he joined the proprietary trading firm Trebuchet Financial, where he continued to trade options and equities. In 2014, he began using the @OpenOutcrier Twitter handle to post real-time stock and options trading headlines, breaking news, rumors and strategy. In early 2017, http://openoutcrier.com/ was launched as an extension of the Twitter handle and integrated news platform. The site consists of the OOC Feed, a custom BenzingaPro newswire, chat room, curated social media feed, and searchable archive.
Alibaba Group Holdings, Ltd (NYSE: BABA ) was holding strong compared to the general markets on Wednesday, trading mostly flat despite the SPDR S&P 500 falling almost 1% lower at one point. On Tuesday, it was reported Alibaba has partnered with Canaan Inc (NASDAQ: CAN ) to develop operating systems for artificial intelligence chips. The global chip shortage continues to plague manufacturers of electronics and the Chinese Communist Party has been pushing Alibaba to design its own processing chips in an effort to become less reliant on the U.S., Europe, Japan, Taiwan, and South Korea for components. Alibaba has been severely beaten down since Oct. 27, 2020, when the stock reached an all-time high of 319.32. Since that date, the stock has lost over 65% of its value to reach a low of 110.06 on Jan. 28 of this year. The stock may have found a bottom at that level, however, because it … Full story available on Benzinga.com
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