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Alibaba and its US payment processor will pay 600 million dollars to settle a DOJ probe into illegal drug sales
Alibaba admitted its platform failed to prevent 80,000 illegal pharmaceutical purchases worth over 200 million dollars between 2016 and 2024.
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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 to pay $600 million to resolve US drug sales probe
WASHINGTON, July 1 : Chinese technology and e-commerce giant Alibaba and its U.S.-based payment processor have agreed to pay $600 million to resolve allegations that they failed…
