Company CEO Wei, COO resignations resigned

Source: Internet
Author: User
Keywords Alibaba
Tags accounting accounts alibaba alibaba group behavior business business-to-business clients

Absrtact: Reporter from Alibaba company confirmed, yesterday, Alibaba Business-to-business Company (1688.HK) announces, company CEO Wei, COO resignations resign. The reason is that, in 2010, the company cleared more than thousands of suspected Chinese suppliers of fraudulent customers, nearly hundred Aliba


The reporter confirmed from Alibaba company, yesterday, Alibaba Business-to-business Company (1688.HK) announces, company CEO Wei, COO resignations resign. The reason is that in 2010 the company cleared more than thousands of suspected fraudulent "Chinese suppliers" customers, hundreds of Alibaba sales staff acquiescence or participation in assistance.

The Hong Kong-listed Alibaba (China) Network Technology Co., Ltd. announced yesterday that it had terminated the service of 1107 foreign trade clients in 2010, accounting for about 0.8% per cent of its Chinese supplier accounts. These accounts are suspected of fraud and other dishonest behavior.

Alibaba's business-to-business information shows that from 2009 onwards, throughout 2010, the company's international trading market complaints about fraud have occurred. Data show that 1219 fraudulent accounts were terminated in 2009, accounting for 1.1% per cent of business-to-business clients, and 1107 fraudulent accounts were terminated in 2010, accounting for 0.8% per cent of business-to-business foreign clients. The above-mentioned accounts have all been closed and have been submitted to the judicial authorities for investigation.

Alibaba also disclosed that, in the investigation link, there are indications that some of the staff of the Business-to-business Direct sales team have joined the Alibaba platform in pursuit of high performance, intentional or negligent fraud-causing companies. There have been nearly hundreds of sales staff are considered to have direct responsibility. These personnel will be subject to a number of treatment, including dismissal, in accordance with the corporate system.

Alibaba announced that the company CEO and President Wei, COO resignations resigned. Taobao CEO Lu will take over Wei, concurrently as the CEO of Business-to-business company. Original Business-to-business Personnel Senior Vice President Dengkammin resign resigned from the Alibaba Group CPO position, demotion another use. Data show that, in November 2006, the former president of the Chinese region of the home of David Wei officially joined Alibaba, as Alibaba Group executive vice president, as well as listed companies Alibaba Network Limited executive director and CEO.

Jack Ma, the chairman of Alibaba's business-to-business board, denounced the behavior in a subsequent email to employees and customers, saying that "the act of violating the principles of business integrity and the bottom line of corporate values, any tolerance is a more honest customer, more honest, the crime of Ali people!" ”

Fraud cases

Take the deposit as the name to cheat the foreign

Fujian Media had previously reported on the South Korean businessmen's cheated experience, Mr. Right of several customers need a batch of soya bean oil, he needs to contact purchase. July 18, 2009, Mr. Right in the "Alibaba" to find several suppliers, these companies have proposed: if you want to go to their factory to see goods, customers have to pay 20,000 yuan "deposit" or "margin."

Mr. Right considered three or four days, finally found a "Fujian run incense to Oil Co., Ltd." Longyan company, the other side also proposed to pay 10,000 yuan "deposit."

July 24, 2009, Mr. Right and the head of the company to get in touch. The two sides agreed 25th morning to Longyan factory to see the goods, the other party also proposed will send a car to pick up. On the afternoon of 24th, Mr. Right remitted the 10,000-yuan "deposit" to the other account, "when we go to the bank, we find that the other person's account is a personal account, not a company account." I feel strange, but because of the urgent need for this consignment, I do not think too much. ”

The second day Mr. Right hard wait for a morning, the other side has never appeared, the phone is not connected, and even the information on the Web page has been deleted. Then Mr. Right realized that he had been fooled.

Journalist Notes

Chinese Enterprises

Few of them blew up their skeletons

"Dirty linen is not to be public", in the past, the negative problems of Chinese enterprises after the media exposure, always vigorously PR and cover up. This time, Alibaba "burst the skeleton" behavior unexpectedly, in the media eyes, the most of the skeleton is multinational enterprises, Chinese enterprises rarely this courage.

From 2005 onwards, the world's major multinational companies more and more "from the explosion of skeleton", have issued a social responsibility report to the outside world. GE, for example, disclosed that it was fined more than 1 million dollars for air and waste emissions. Nike announced the specifics of its 700 suppliers, which had been treated as a trade secret by the company, and recently disclosed that there is indeed a heavy metal pollution that has caused workers to be disabled and overworked.

"In spite of their darker side, the increasingly strong sense of social responsibility of these companies in the sun has certainly made it a bigger initiative to win the future." "There are industry evaluation, Chinese enterprises should also have their own skeleton of the courage, will be legitimate, honest management as its business philosophy." (reporter Xue)

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