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Alibaba to pay US $600m to settle allegations it allowed illegal drug and equipment sales
WASHINGTON: The Chinese tech giant Alibaba will pay $600 million to resolve a dispute with the US government over allegations that the Hangzhou-based firm sold and imported illegal pharmaceuticals, controlled substances, regulated chemicals, and pill-making equipment into the US Alibaba operates some of the world’s largest e-commerce platforms, including Alibaba.com and AliExpress.com.
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apnews.com
Alibaba to pay US $600M to settle allegations it allowed illegal drug and equipment sales
Alibaba has agreed to pay $600 million to settle a dispute with the U.S. government. The company faced allegations of selling and importing illegal pharmaceuticals and equipment…
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channelnewsasia.com
Alibaba, AUS Merchant Services to pay $600 million to resolve alleged illegal pharmaceuticals sales, DOJ says
WASHINGTON, July 1 : The U.S. Justice Department said on Wednesday that Alibaba and AUS Merchant Services have agreed to pay $600 million to resolve allegations that they failed…
