Dossier
AUS Merchant Services
Coverage of AUS Merchant Services in the Nexus archive.
- Alibaba agrees to pay US$600 million to settle US probe into illegal product sales
Alibaba Group will pay US$600 million to settle a US Department of Justice investigation into illegal product sales, including pharmaceuticals and controlled substances. The settlement resolves the case through non-prosecution agreements, marking one of the largest criminal resolutions involving a Chinese technology company.