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Alibaba fraud check
Source: Bloomberg News |
September 10, 2011, Saturday
|
Print Edition
Print Edition
ALIBABA.COM Ltd, operator of China's biggest online commerce site for business owners, will audit all exporters that pay the company to market their products after some buyers were defrauded.
The company will visit the facilities of all paying members of its China Gold Supplier program over the course of a year, Director of International Marketing Linda Kozlowski said yesterday at a briefing in Hangzhou, east China's Zhejiang Province. The "onsite check" will help lower fraud on Alibaba.com's website, she said.
Alibaba.com, used by companies, including Wal-Mart Stores Inc, to find suppliers, is also offering product inspection and escrow payment services to help boost protection for buyers, Kozlowski said.
The company will visit the facilities of all paying members of its China Gold Supplier program over the course of a year, Director of International Marketing Linda Kozlowski said yesterday at a briefing in Hangzhou, east China's Zhejiang Province. The "onsite check" will help lower fraud on Alibaba.com's website, she said.
Alibaba.com, used by companies, including Wal-Mart Stores Inc, to find suppliers, is also offering product inspection and escrow payment services to help boost protection for buyers, Kozlowski said.
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