EU imposes record $630 million fine on Alibaba’s AliExpress

According to foreign media reports, the European Commission has imposed a €550 million ($630 million) fine on AliExpress, the cross-border e-commerce platform owned by Chinese e-commerce giant Alibaba. The penalty marks the largest enforcement action since the Digital Services Act (DSA) came into force in 2022, targeting the platform’s long-standing failures to curb counterfeit, unsafe, […]