Wars are not cheap. Alibaba spends $161 million to fight counterfeit listings. Hires 2,000 workers and 5,400 volunteers

Submitted by Kevin Hoda on January 2, 2015   News Tags: , , ,
featured image

We have covered many stories on Alibaba’s and China’s problem with counterfeits. You can check out our post here where we discuss just how much Alibaba’s sales are depended on counterfeits.

As this year ends, the total amount that the company has spent on fighting counterfeit listings has been released. The past two years, starting in January 2013 to the end of November this year, Alibaba has spent a total of $160.7 million and has removed 90 million product listings. I guess they do have a lot of money to spend after raising $25 billion in their IPO back in September.

Read More