Jack Ma Says He’s Received Death Threats From Counterfeiters

Western brands beg to differ that Ma is that concerned about counterfeits.
Jack Ma Says He’s Received Death Threats From Counterfeiters
|Updated:

NEW YORK—When it comes to the sale of counterfeit goods on Alibaba’s e-commerce platforms, opinions could not be further apart.

“This is the cancer. It will destroy our business. We will do anything against it,” Alibaba Chairman Jack Ma said in a speech at the Economic Club of New York on June 9.

READ THE FULL TRANSCRIPT HERE

He believes Alibaba is the victim—as the people who buy counterfeit products go and complain to Alibaba, rather than to the sellers. He vowed to track down anybody who sells these counterfeit products.

This is the cancer. It will destroy our business.
Jack Ma, chairman, Alibaba
Valentin Schmid
Valentin Schmid
Author
Valentin Schmid is a former business editor for the Epoch Times. His areas of expertise include global macroeconomic trends and financial markets, China, and Bitcoin. Before joining the paper in 2012, he worked as a portfolio manager for BNP Paribas in Amsterdam, London, Paris, and Hong Kong.
Related Topics