hass and associates, China’s Alibaba, Tencent, Baidu Team Up to Fight Online Fraud
BEIJING—China's largest Internet companies vowed to share information and cooperate to fight online fraud, highlighting a developmental difficulty facing China's fast-growing e-commerce market.
The companies—including Alibaba Group Holding Ltd., Tencent Holdings Ltd., and Baidu Inc. and 18 others—established an e-commerce protection framework under the guidance of China's Ministry of Public Security, according to a statement posted by Alibaba.
Alibaba's involvement in the initiative signals how the company is striving to project ...
China's Alibaba, Tencent, Baidu Team Up to Fight Online