Tag: operated

Feb 17 (Reuters) – E-commerce internet sites operated by China’s Tencent Holdings Ltd (0700.HK) and Alibaba Team Keeping Ltd (9988.HK) ended up added to the U.S. government’s latest “notorious marketplaces” listing, the U.S. Trade Representative’s place of work mentioned on Thursday.

The listing identifies 42 online marketplaces and 35 physical markets that are reported to have interaction in or facilitate substantial trademark counterfeiting or copyright piracy.

“This contains figuring out for the initially time AliExpress and the WeChat e-commerce ecosystem, two important China-primarily based on line markets that reportedly aid significant trademark counterfeiting,” the USTR office explained in a assertion.

China-based on the web marketplaces Baidu Wangpan, DHGate, Pinduoduo, and Taobao also proceed to be element of the list, along with 9 physical marketplaces positioned inside China “that are recognized for the manufacture, distribution, and sale of counterfeit products,” the USTR office mentioned.

China does not agree with the U.S. government’s selection to contain some e-commerce websites in its infamous marketplaces checklist, calling the motion “irresponsible,” the Chinese ministry of commerce claimed on Friday. go through far more

Alibaba explained it will proceed operating with government organizations to address worries about intellectual home protection across its platforms.

Tencent mentioned it strongly disagreed with the choice and was “dedicated to working collaboratively to take care of this matter.” It extra that it actively monitored, deterred and acted on violations across its platforms and had invested important methods into mental property legal rights safety.

Inclusion on the record is a blow to the track record of corporations but carries no direct penalties.