Europe just hit AliExpress with a record $629 million fine for allowing the sale of counterfeit and harmful products.

Alibaba's AliExpress was hit with ⁠a ⁠record €550 million ($629 million) fine from the ⁠European Union on Monday for failing to tackle sales of illegal, unsafe and counterfeit ​products on its ...

BRUSSELS >> Alibaba’s AliExpress was hit with a record €550 million ($629 million) fine from the European Union today for failing to tackle sales of illegal, unsafe and counterfeit products on its ...

Alibaba’s AliExpress received the largest penalty EU officials have handed a company so far under the bloc’s Digital Services Act.

The European Commission has fined AliExpress 550 million euros for failing to curb the sale of unsafe and counterfeit products.

Alibaba Group Holding (BABA)’s online marketplace AliExpress was hit with a 550 million euro ($629 million) fine by the European Commission on Monday over failures to address unsafe and counterfeit ...

The European Commission announced a record fine against AliExpress for not curbing the sale and promotion of illegal products on Monday.

Alibaba's AliExpress received a 550 million-euro ($629.2 million) fine from the European Union's executive arm, the largest penalty officials have handed a company so far under the bloc's Digital ...

"This is very dangerous for consumers, unfair for companies which are complying with all our rules," said EU tech chief Henna Virkkunen.