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AliExpress vows to invest W10b to root out fake goods in Korea

AliExpress, an online direct purchase platform owned by Chinese e-commerce giant Alibaba Group, has revealed plans to invest 10 billion won ($7.6 million) in South Korea over the next three years to extensively regulate counterfeit goods sold on the platform, according to the firm on Wednesday. The announcement comes amid ongoing consumer complaints about counterfeit goods purchased through the platform since its off. ....

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