“On e-commerce platforms, every single transaction creates a record, and every piece of information about sellers of counterfeit products is traceable,” said Alibaba's chief risk officer Polo Shao.
I'm wetting myself. I don't think I've even done a transaction through Alibaba itself. Everyone uses bank transfers or letters of credit and emails after the initial contact. And if I can find a knock off of stuff that retails on Amazon (and was made in China anaway) at £2000 a pop for $200 on Alibaba and the quality is cool, I'm 'avin' it.