Earlier this month, 22 Zhejiang-based companies including Alibaba, Netease’s Kaola, Yunji, Meituan and Shufeng co launch an alliance to punish those conduct dishonest cases related e-commerce sales.
The alliance will be under the guidance of provincial market regulation bureaus, including a daily inspection system, co-launches moves to enhance the market regulation, and co-punish those who play afoul.

The chairman position will be rotated among the member companies, which will start from Alibaba. The position will be rotated to the other company after six months (Source: zjnews.com)

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