Alibaba targets rivals in push to increase sales

09/11/2011 | Wall Street Journal, The

Alibaba Group Holding aims to more than double sales on e-commerce websites Taobao Marketplace and Taobao Mall this year, as it ramps up competition against rivals including eBay, said Chairman Jack Ma. The company unveiled safeguards to prevent another scandal such as one this year in which 100 employees and 2,300 sellers conspired to create fraudulent listings.

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Wall Street Journal, The

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