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Alibaba agrees to pay US$600 million to settle US probe into illegal product sales

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Alibaba Group will pay US$600 million to settle a US Department of Justice investigation into allegations that its e-commerce platforms enabled the sale of thousands of illegal pharmaceuticals, controlled substances, and other prohibited products into the United States, marking one of the largest criminal resolutions involving a Chinese technology company. The settlement, announced on Wednesday, resolves the investigation through non-prosecution agreements with Alibaba and AUS Merchant Services,

TickersUS, AUSChannelsbanks, semiconductors, stocksCountrieschina, asia, usa, europeCategoriespharma
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Published
7/1/2026, 11:39:39 PM
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7/2/2026, 12:07:05 AM
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