Alibaba execs resign over supplier frauds
By Chen Limin | China Daily | Updated: 2011-02-22 07:53
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A security guard stands at the gate of an Alibaba Group Holding Ltd operations center in Hangzhou, Zhejiang province. Qilai Shen / Bloomberg |
BEIJING - China's top e-commerce operator Alibaba.com Ltd's chief executive officer David Wei resigned after the company found more than 2,000 members engaged in fraudulent activities, reflecting problems hidden behind the company's fast expansion over the past few years.
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