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US adds e-commerce sites by Tencent, Alibaba to 'notorious markets' list

The list identifies 42 online markets and 35 physical markets that are reported to engage in or facilitate substantial trademark counterfeiting or copyright piracy

Tencent loses $62 bn in 2-day rout, wiping out value of fintech business
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E-commerce sites operated by China's Tencent Holdings Ltd and Alibaba Group Holding Ltd were included on the U.S. government's latest "notorious markets" list, the U.S. Trade Representative's office said on Thursday.

The list identifies 42 online markets and 35 physical markets that are reported to engage in or facilitate substantial trademark counterfeiting or copyright piracy.

"This includes identifying for the first time AliExpress and the WeChat e-commerce ecosystem, two significant China-based online markets that reportedly facilitate substantial trademark counterfeiting," the USTR office said in a statement.

China-based online markets Baidu Wangpan, DHGate, Pinduoduo, and Taobao also continue to be part of the list,

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First Published: Feb 18 2022 | 9:19 AM IST

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