Pursuits

Alibaba’s Jack Ma: Better-Than-Ever Fakes Worsen Piracy War

  • The improving quality of counterfeits compounds the problem
  • Company affirms goal to double GMV to 6 trillion yuan by 2020
Photographer: ChinaFotoPress/Getty Images
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Alibaba Group Holding Ltd. founder Jack Ma said Chinese-made counterfeit goods today have gotten better than the genuine article, complicating the effort to root out fakes on the country’s largest online shopping services.

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