The luxury conglomerate is joining forces with the China e-commerce giant to fight counterfeiting.
If ever there was a time to feel insecure about your daily wages, it is now.
The China e-commerce giant continues its track record for enormous growth.
Together, they formed a Big Data Anti-Counterfeiting Alliance.
The company shattered its 2015 Singles’ Day record in a matter of hours.
Observers said there is still a long way to go in the fight against fakes.
Small- and medium-size businesses should benefit from the agreement.
The sneaker store will be taking its business beyond the streets of NYC with its new partnership with the Chinese e-commerce company.
The e-tailer said it received a letter from the SEC stating that it had launched an investigation into whether the firm violated federal laws.
Alibaba’s sales for the quarter ending Dec. 31, 2015 accelerated 32 percent, to 34.5 million yuan, or $5.3 million.