Alibaba Group, China's biggest e-commerce firm, is no longer engaged in the business of allowing sellers of shark fins to list their products on its platforms. Alibaba Group banned the sale of shark fin on its platforms as of January 1, 2009.
Environmentalists, ocean lovers and a growing world-wide scuba diving community who were aware of the decision applauded Alibaba for the ban.
Yahoo! has a US$1 billion stake in Alibaba representing a 40% shareholding.
Activist groups, thousands of petitioning individuals from all over the world and media organizations had approached both Alibaba and Yahoo! to induce them to drop the shark fin trade. The conclusion of internationally renowned marine experts is that the indiscriminate mass killing of well over one hundred million sharks per year, mostly for their fins, is driving many species into extinction with catastrophic consequences for the biodiversity of the world's oceans.
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78.86.182.168 (talk) 12:18, 25 October 2008 (UTC)
- Alibaba have no involvement with what their members buy and sell, they just bring buyer and seller together. I think it's a bit of stretch to say that Yahoo is the world's largest online shark fin trader. --Spuzzdawg (talk) 10:05, 28 April 2009 (UTC)
The logo on this page is incorrect. Alibaba Group is the holding company that includes Alibaba.com. I would change it if I knew how, but if someone who knows how can do it, Alibaba Group logo can be found at http://img.alibaba.com/aboutalibaba/images/alibaba_group1.jpg —Preceding unsigned comment added by Jwspelich (talk • contribs) 23:29, 14 July 2009 (UTC)