Chinese e-commerce tycoon the Alibaba Group signed a Memorandum of Understanding with The Amore Pacific Group in order to prevent online fake products.

The online distribution of fake products has been a serious social problem in China for a long time. The MOU also helps to create a better e-commerce environment for the benefit of Chinese consumers.

According to the agreement, counterfeit product information are to be removed, violators' information are to be disclosed and measures for recurrence prevention are to be taken on the e-commerce platforms of the Alibaba Group including Taobao and Tmall