Alibaba to Stop Sales of E-Cigarettes to U.S. Buyers

The Wall Street Journal Finance 2 months ago

Chinese e-commerce giant Alibaba Group Holding Ltd. is suspending sales of e-cigarettes and accessories to buyers in the U.S., citing concerns about underage vaping and a mysterious lung illness that has been linked to at least 23 deaths.

A sprawling black market for vaping products has complicated efforts of U.S. health officials to combat the two health crises. Many of the lung illness cases have involved cartridges that were purchased from informal sources, such as friends or illicit dealers, and that contained THC, the...


Source link
Read also:
Business Insider › Lifestyle › 1 month ago
On Monday, Alibaba sales hit $13 billion in the first hour of Single's Day, an annual shopping extravaganza created by the company's cofounder, Jack Ma. Ma announced that he would step down as the company's chairman on his 55th birthday on September...
The New York Times › Finance › 1 month ago
Chinese retailer Alibaba on Monday said sales for its annual Singles' Day shopping blitz jumped 25% in the first nine hours to $23 billion, nearly two thirds of U.S. rival Amazon.com Inc's online store sales in the latest quarter.
Forbes › 1 month ago
Topline: China’s $480 billion e-commerce heavyweight Alibaba has brought in $30 billion in sales with their Singles’ Day sales event, despite a slowdown in Chinese e-commerce.
Business Insider › Finance › 1 month ago
Alibaba's Singles Day isn't over yet but it's already crushing last year's sales results. As of Monday evening Beijing time, the online shopping giant had pulled in more than $33.9 billion in sales and counting. Last year, customers spent $30.8 billion...
UPI › Finance › 1 month ago
Alibaba, the Chinese e-commerce leader, set a sales record on Singles Day, flying past last year's record of nearly $30.5 billion in sales by Monday afternoon across its platforms.
One America News Network › Finance › 2 months ago
By Josh Horwitz (Reuters) - Chinese e-commerce firm Alibaba said on Wednesday it will stop selling e-cigarette components in the United States, amid growing regulatory scrutiny and reports of lung
Forbes › 2 months ago
Walgreens Boots Alliance said it will stop sales of e-cigarettes at all of its U.S. drugstores as regulatory scrutiny of vaping intensifies.
Cleveland › 1 month ago
E-cigarettes could be worse on your heart’s blood flow than even traditional cigarettes.
Business Insider › Lifestyle › 2 months ago
Recently retired Alibaba chairman Jack Ma is "the most flamboyant tech founder on the planet," Business Insider's Sinead Baker recently wrote. Under his leadership, Alibaba grew from a 17-person company operating out of Ma's apartment to a $460 billion...
Forbes › Finance › 1 month ago
Trefis captures trends in Alibaba’s revenues over the years along with our forecast for the next 3 in an interactive dashboard. We believe that Alibaba’s fundamentals remain strong, and the company is poised to report considerable growth over...
Sign In

Sign in to follow sources and tags you love, and get personalized stories.

Continue with Google
OR