Alibaba Empire Collapsing! Major Layoffs, Black Market Scandal, Approval Officers Bribed Millions

Alibaba Empire Collapsing! Major Layoffs, Black Market Scandal, Approval Officers Bribed Millions

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A low-level employee of an e-commerce platform used his power to accept nearly 1 billion yuan in bribes from merchants within just one year. This revenue surpasses the net profits of many publicly traded companies, making this case the largest e-commerce corruption scandal in China in 2024.

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