Business
China’s Alibaba Must Face A US Toymaker’s Lawsuit Over Sales Of Allegedly Fake Squishmallows
A judge in New York has determined that Alibaba must face a lawsuit by a U.S. toymaker saying that the Chinese ecommerce giant’s internet platforms were used to sell counterfeit Squishmallows.
The popular plush toy manufacturer Kelly Toys Holdings filed the lawsuit, and Judge Jesse Furman of the United States District Court for the Southern District of New York rejected Alibaba’s attempt to have it dismissed.
Jazwares is the owner of Kelly Toys, a toy business whose parent company, Alleghany Corp., is under the control of Warren Buffett’s Berkshire Hathaway.
Alibaba, China’s largest e-commerce company, did not respond immediately. Among other things, the company predicated its petition to dismiss on how it was named in the lawsuit as Alibaba.com instead of its legal corporate name.
Kelly Toys said in its complaint that sales of bogus Squishmallows by merchants using sites persisted despite previous lawsuits ordering that they halt. The corporation had previously filed the complaint to prevent approximately 90 e-commerce companies from selling counterfeit copies of the toys. In March, Alibaba was identified as a defendant.
China’s Alibaba Must Face A US Toymaker’s Lawsuit Over Sales Of Allegedly Fake Squishmallows
“Kelly Toys alleges that, notwithstanding that awareness, infringing listings — including some by the Merchant Defendants — have continued to proliferate on the Alibaba platforms,” Furman wrote in an email. He claimed that because the court found the claims plausible, the motion to dismiss them was denied.
Squishmallows are a line of soft, squishy plush toys that have gained popularity for their cuddly and huggable nature. T
These toys come in various animal designs and are known for their marshmallow-like texture. They are often used as comforting companions, pillows, or for decoration.
Collectors and people looking for a cute and cozy addition to their living space frequently seek out squishmallows because they have a devoted fan base.
China’s Alibaba Must Face A US Toymaker’s Lawsuit Over Sales Of Allegedly Fake Squishmallows
Alibaba is a Chinese multinational technology company specializing in e-commerce, retail, internet, and technology. It was founded in 1999 by Jack Ma and has since become one of the world’s largest e-commerce companies.
The company operates various online marketplaces that facilitate business-to-business, business-to-consumer, and consumer-to-consumer sales. The company also provides electronic payment services, cloud computing, and other technology solutions.
China’s Alibaba Must Face A US Toymaker’s Lawsuit Over Sales Of Allegedly Fake Squishmallows
With its widespread impact on global trade and e-commerce, They continues to be a significant player in the digital marketplace.
SOURCE – (AP)