Alibaba manages big win by avoiding getting named on US blacklist for counterfeit goods

A logo of Alibaba Group is pictured at its headquarters in Hangzhou, Zhejiang province, China, October 14, 2015. REUTERS/Stringer CHINA OUT

Chinese e-commerce giant Alibaba Group Holding Ltd has avoided being named on a U.S. blacklist for sites hosting the sale of fake goods, a victory for the firm after lobbying hard to avoid inclusion on the list.

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