Alibaba reports 40% growth in fiscal Q4 sales and replaces its CEO
Frank Tong
Alibaba Group Holdings Ltd. has taken heat this year over allegations that merchants on its web marketplaces were selling counterfeit goods and placing fake orders in order to gain higher search rankings, but the highly publicized criticisms did not stop Chinese shoppers from buying on Alibaba’s Taobao and Tmall shopping portals. Chinese consumers purchased 600 […]