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Topic: alibaba

The headquarters of Alibaba Group
Business
Thursday, 7/2, 10:06 AM

Alibaba to pay $600 million to settle US allegations over illegal drug sales

  • Alibaba and a US payment processor have agreed to pay $600 million to settle US Justice Department allegations that they failed to stop merchants from selling illegal drugs, chemicals and pill-making machines to American buyers through the company's e-commerce platforms.
  • The deal resolves the claims without a criminal conviction.

In brief

alibaba — news and stories on this topic

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