Alibaba blames politics as Taobao retains place on US government naughty list

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Alibaba blames politics as Taobao retains place on US government naughty list

 It hasn’t been a great couple of weeks for Alibaba in the U.S.. First affiliate Ant Financial’s proposed acquisition of MoneyGram collapsed due to objections from the U.S. government, now its Taobao service has the dubious honor of again featuring on the USTR (United States Trade Representative) naughty list. Taobao, Alibaba’s hugely popular marketplace, is among 25… Read More

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