illegal drug sales

Alibaba has agreed to pay $600 million to resolve a U.S. Department of Justice investigation into illegal drug sales. The company and its U.S.-based payment processor admitted to approximately 80,000 unlawful product sales over nearly a decade.

Alibaba will pay $600 million to settle allegations of illegal drug sales in a U.S. probe. The company admitted it failed to prevent 80,000 illegal drug product sales, as reported by the U.S. Justice Department.