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Business / Companies

Alibaba spent $163m fighting fake goods

(chinadaily.com.cn) Updated: 2014-12-24 14:51

Infant formula

As a hot online commodity, infant formula had strong sales momentum during the shopping festival. A domestic brand, 'Junlebao', topped Tmall's sales in this category with a total revenue of 28.3 million yuan in one day.

Alibaba spent $163m fighting fake goods

A woman buys infant formula in a super market in East China's Jiangsu province on May 1, 2014. [Photo/IC]

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