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Alibaba Fights Corruption in its e-Commerce Business Taobao

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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