IT TIME, a Chinese magazine, has described as “sheer fiction” an accusation by Alibaba Group that the publisher has put the internet giant under threat through its reports, news portal Caixin.com reported Thursday.
The publisher, which has a wide circulation in the nation’s more advanced regions, said it will bring a lawsuit against Alibaba.
Alibaba public relations director Yan Qiao had earlier on Thursday said in a microblog the “malicious attack” by IT TIME and its business news website has seriously hurt the internet firm’s goodwill.
Alibaba has reported such behavior to the central authorities, the report said.
A company statement showed IT TIME has published more than 1,000 negative stories against Alibaba in the past six years and since 2010, 80 stories published were intentionally to destroy Alibaba’s goodwill while none of them contained interviews with it.
Alibaba said on July 18 that it was blackmailed by “organized public opinion”. A statement then said some company approached Alibaba and claimed to be able to take care of negative reports on it by certain magazines and people in the media for a price of US$300,000.
Hangzhou police received a submission of the case reported by Alibaba.
IT TIME said it has never received any written information or official notice from any central authorities and Alibaba. It claimed its news organization has always firmly stuck to news morals and ethics.
The publiser said it will sue Yan in the coming days and possibly sue Alibaba as well if the microblog posting was approved by the e-commerce giant.
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