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Alleged Taobao scandal stirs sensation (3)


09:09, May 02, 2012

"We will hold on to integrity in our rapid development, which is the basis for the survival and growth of the company and the online business," Tao said, adding that the company would be daring enough to expose its own scandals.

The company set up a department of integrity in 2010 to handle customers' reports on illegal activities concerning Taobao employees.

Members of the company senior management resigned or were dismissed over suspicions of fraud during the past two years.

The company also promised to come up with more effective rules in the near future to prevent corruption and regulate behaviors of online merchants.

However, some worry that regulations imposed by the company could hardly solve problems at a time when the country's e-commerce sector is evolving into a complicated situation.

"Only by implementing strict laws can it be possible for us to eradicate corruption," an "Old Young" wrote on Sina Weibo.

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