Alibaba Chairman Jack Ma and a senior Chinese government official met on Friday to smooth things over in the wake of a government report that blasted Alibaba for lax oversight of counterfeit goods on its online shopping sites.
After Ma and Chinese authorities met, the government issued another statement outlining how the two can work together. Ma said Alibaba would invest more in its counterfeit detection teams, and China’s State Administration for Industry and Commerce said it would use technology to strengthen their oversight. The issue is an important one for Alibaba as it continues to court American brands to sell on one of its two main marketplaces, Tmall.
This article originally appeared on Recode.net.
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