CRI听力:Alibaba Closes 26 Online Shops for Bribery

E-commerce company Alibaba Group has permanently shut down 26 online shops for trying to bribe Alibaba staff and seek improper gains.

The move comes after Alibaba vowed to clamp down on fake goods, bogus transactions, and corruption to uphold a healthy online eco-system for shoppers.

The company stated in an open letter to its vendors that no shortcuts or unspoken rules are allowed on Alibaba's platforms.

According to its regulations, members who seek improper gains by bribing Alibaba's staff will be banned from the platform and wrongdoers will be reported to law enforcement departments.

The company also urged shoppers to report any violations via its integrity platform.

Alibaba's online eco-system has been under the spotlight since its 25 billion dollars initial public offering last year.

Its shares fell nearly 3 percent earlier this month after it was revealed that sellers bloated sales numbers and gained prominence by paying others to pretend to be customers.

For more details, CRI's Paul James spoke with Doug Young, associate professor at Fudan University and former China company news chief at Reuters.