15 February 2019

Taobao, LV to take on counterfeiters, statement says, the online shopping site of e-commerce giant Alibaba Group, has teamed up with French luxury house Louis Vuitton to eradicate fake products from the Chinese site, Alibaba said in a statement Friday. The two companies signed a memorandum of understanding to take “precautionary” and “proactive” measures, including setting up a system that will pull advertisements for any counterfeits.

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