[BUSINESS]■ STORY TIMELINE
ALIEXPRESS FINED $629M FOR ILLEGAL PRODUCT SALES
The European Commission issued a €550 million penalty against AliExpress for violating the Digital Services Act by failing to prevent illegal, unsafe, and counterfeit products from being sold on its platform.
Bloomberg Tech+0m
Alibaba Group Holding Ltd.’s e-commerce service was fined €550 million ($629 million) by the European Union for selling…
Techmeme+11m
Barbara Moens / Financial Times: The EU fines Alibaba's online marketplace AliExpress €550M for failing to do enough to…
The Verge+1h 17m
The fine is more than double the penalty that Temu was slapped with for similar DSA violations. | Illustration: The Verg…
Engadget+3h 22m
Europe just hit AliExpress with a record $629 million fine for allowing the sale of counterfeit and harmful products.