CCTV.com - CNTV English - CCTV News


Homepage > News > Biz >

9 Taobao stores shut for bribery

05-06-2012 17:00 BJT

HANGZHOU - Nine stores using Taobao.com, China's largest online retail platform, have been closed and permanently barred from the Internet shopping platform after they allegedly bribed Taobao employees for illegal gains, Taobao owner the Alibaba Group said in an open letter on Friday.

One store owner has been arrested and the owners of four other stores released on bail, according to Alibaba.

The business owners are suspected of conspiring with Taobao employees to cheat consumers by removing negative feedback posts and raising their credit ratings.

Alibaba said in the open letter that future violators will also have their online stores closed and be turned in to police if necessary.

This is Alibaba's first anti-corruption move targeting business owners, after previous initiatives largely targeted its employees.

The company set up a department of integrity in 2010 to handle customers' reports on illegal activities concerning Taobao employees. Members of the company's senior management have resigned or been dismissed over suspicions of fraud in the past two years.

The latest case involved five employees of Juhuasuan.com, a collective buying website of Taobao. They were detained or arrested for taking bribes.

"Only with honest business owners and Alibaba employees can Alibaba and the merchants achieve a win-win result. So it is hoped that merchants can work with Alibaba to fight against corruption and build an honest business environment," said Jiang Fang, head of the integrity department.

Taobao, which the Alibaba Group invested in during 2003, boasted over 500 million users and registered an annual sales revenue of 600 billion yuan ($95.5billion) in 2011, accounting for 80 percent of China's online shopping, according to statistics released by the company.

 

Editor:Zhang Rui |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program