US slams Alibaba and its challenger Pinduoduo for selling fakes
China's biggest e-commerce company, Alibaba, was again on the U.S. Trade Representative's blacklist over suspected counterfeits sold on its popular Taobao marketplace that connects small merchants to consumers. Nestling with Alibaba on the U.S.'s annual "notorious" list that reviews trading partners' intellectual property practice is its fast-rising competitor Pinduoduo . Just this week, Pinduoduo founder Colin Huang, a former Google engineer, wrote in his first shareholder letter since listing the company that his startup is now China's second-biggest e-commerce player by the number of "e-way bills," or electronic records tracking the movement of goods.