Alibaba Faces $1 Billion Lawsuit on Eve of Listing

by wivan2006 on 2007-08-21 12:08:07

Alibaba will recently restart the 3721 Net Real Name service which was once abandoned. Insiders said that it was an inevitable move. On May 10, the case where lawyer He Wenglong from Lanzhou, Gansu, sued Alibaba for suspected false propaganda opened in Lanzhou court. Although the final result is not known yet, if it loses the lawsuit, it will be a disaster to the soon-to-be-listed Alibaba.