Regulation|TradeJul 25, 2026
BABA — EU SLAPS ALIBABA'S ALIEXPRESS WITH US$630M FINE OVER ILLEGAL GOODS
BearishRegulation|Trade
The European Union has fined Alibaba's e-commerce platform AliExpress US$630 million for its role in the sale of illegal goods. China's Ministry of Commerce voiced "strong dissatisfaction" with the penalty. Alibaba has stated its intention to appeal the decision.
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