Alibaba wins award for leadership in IP Protection. The price remarks how Alibaba is fighting counterfeit products more forcefully even than Amazon, its American e-commerce counterpart
Recently, Matthew Bassiur, vice president and head of global intellectual-property enforcement at Alibaba Group, received the “Luxury Law Innovator in IP Rights and Technology” award at the Luxury Law Summit in London. The event brings over 300 leaders and players from luxury brands, including luxury conglomerates, such as Richemont or Kering and big names such as Gucci, Louis Vuitton, Chanel, Prada, Hermes and Tiffany.
©Alizila, Matthew Bassiur, right, receives the “Luxury Law Innovator in IP Rights and Technology” award.
As Alizila reported, the Luxury Law Awards recognized to Mr. Bassiur, “extraordinary leadership in IP protection on an international level and his many accomplishments throughout a distinguished career in both the government and private sectors,” said Fred Mostert, president of the Luxury Law Alliance, which presides over the awards.
Moreover, “Alibaba has grabbed the flag on IPR protection and is running with it,” American Apparel & Footwear Association President and CEO Rick Helfenbein said. “We greatly appreciate their close collaboration, congratulate Matthew, and thank the entire Alibaba team for their continued efforts.”
© Alizila.com. Last year Global Shopping Festival reached over $ 50 billion in total. Alibaba and JD lead the rankings respectively with $ 30 billion and $ 22 billion in revenue.
A “Great Leap” for Hangzhou based company. Alibaba over the past three years has gone from being criticized for its efforts in IP protection to being viewed as a leader and innovator in the field. “Alibaba has significantly improved its standing within the international community”, Mostert said.
During the awards, Matthew Bassiur underlined how “through meaningful collaboration and continuous innovation, Alibaba is achieving great success together with industry stakeholders. We have come far, but there is still much to do. We are all part of the solution and our past accomplishments in IPR protection are just the beginning.”
“Alibaba has grabbed the flag on IPR protection and is running with it,” American Apparel & Footwear Association President and CEO Rick Helfenbein said.
Is Alibaba doing a better job at fighting fakes than Amazon? According to data yes. In 2017 Forbes reported said at the time that Alibaba was acting more aggressively than its American counterpart, by enlisting Chinese law enforcement and seeking criminal prosecution of counterfeiters. Alibaba also committed $160 million to combating fraud in 2017, and strengthened tech and personnel devoted to the fight.
The award comes less than a week after the Alibaba Anti-Counterfeiting Alliance (AACA) held its annual spring meeting in Shanghai, where it offered an updated look at the successes the alliance saw last year. The AACA is one of Alibaba’s many initiatives with various stakeholders focused on IP protection on its platforms, and Alibaba’s business partners and merchants are pleased about the success achieved till today.
Jack Ma: “Without the protection of intellectual property rights, China’s creation industry is unlikely to improve”.
Is there any way to eliminate fakes and counterfeit problems? During the “China Enterprise Furniture Club Forum 2018”, Jack Ma said that in China, in the past 10 years, because of the development of the Internet, both the government and companies like Alibaba have continued to strengthen intellectual property protection and have achieved great results.
“Blockchain should be part of the solution to the problem of counterfeit goods. I hope that China will have a leap-forward development in the promotion of intellectual property protection in the next five years”, underlain Alibaba’s founder.
©Alibaba AI Labs. After trialling the service robot at hotels, AI Labs will determine whether it’s suitable for use in hospitals, restaurants and offices.
According to Alibaba, in 2018, the criminal investigations led by the AACA’s member brands and Hangzhou based e-commerce giant resulted in the arrest of 1,277 suspects and the shutdown of 524 manufacturing and distribution locations, which yielded counterfeit product seizures that totaled $536.2 million. Alibaba also noted that 97% of all takedown requests were processed in 24 hours during business days for AACA members as a result of extensive cooperation within the group.
Launched in January 2017, the 30 founding members of the organization have since grown to 132 brand owners in 12 industry categories, including globally recognized names such as Louis Vuitton, Honda, Samsung and Mars. Seventy percent of members are based outside of China. Michael Kors, Tommy Hilfiger, Fossil, Siemens, Dyson, Kohler, and Coach are among the brand owners to join in 2019.
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