JD Vendors Who Sell Fake Products May Face RMB 1 Million Fine August 22, 2014 by Julia Q.Zhu 0 comments 2428 viewson Data QiangDong Liu, founder and CEO of China’s second largest e-commerce company JD announced last Friday that vendors who sell fake products on JD.COM may face a fine as high as RMB 1 million. His announcement followed a scandal on JD’s platform involving the sale of fake ExxonMobil motor oil products.
