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Ali blames plethora of fake goods due to ‘greedy’ consumers

  • Author:tracy
  • Source:http://www.tigloncn.com
  • Release on :2014-11-21
  Jack Ma, chairman of ecommerce group Alibaba, has blamed credulous and “greedy” consumers for the prevalence of counterfeit goods available on the internet, adding that his company provides buyers with the tools to distinguish fakes from the genuine article.“If you want to buy a Rolex for Rmb25 [$4], you can only be blamed for being too greedy,” he told an audience at the World Internet Conference in the Chinese city of Wuzhen.
  The issue of fake goods, and the difficulty on website Taobao, has long been a problem for the group. “The company takes the issue of counterfeit goods seriously and acts immediately to remove these goods from our ecosystem,” said Alibaba yesterday. Mr Ma challenged the belief in China that counterfeit goods were widely available on Taobao, which reported $200bn in sales in the year to June 30. “Many people say that Taobao and Alibaba is full of knock-offs, but those who say that have basically never shopped on Taobao. ” He added that consumers had the “power of judgment”. “Do you think we could achieve Rmb6.7bn in sales daily if the internet were full of counterfeit products?”Somebody wrote: “Haha, I only shop on Taobao because they have high quality counterfeit products!”



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