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We are surprised by the EU decision and disproportionate fine and we disagree.
Alibaba Group facilitates more than €30 billion annually in the sale of European branded products in China, and the scale of our business serving European consumers, AliExpress, is much smaller.
AliExpress has been and continues to be committed to meeting our obligations to consumers. We invest substantial resources in risk assessment and mitigation, product safety and consumer protection.
We have worked constructively with the European Commission in the spirit of cooperation and transparency, and we made many improvements and voluntary commitments to meet the evolving expectations under the DSA.
Today’s decision and disproportionate fine ignores our sound risk management framework and the significant, proactive enhancements we have made. We will appeal the decision.