Report: Taiwan tells Alibaba to leave

Hangzhou, China – Alibaba Group holdings Inc. is reportedly saying it did nothing wrong after the government of Taiwan ordered the Chinese e-commerce giant to leave the country by August 2015. According to Bloomberg, the Taiwan Investment Committee gave the order because it says Alibaba tried to skirt Taiwanese restrictions on mainland China-based companies doing business there by registering its local affiliate as a Singapore-based firm.



Alibaba has about 100 employees and 140,000 customers in Taiwan. Although Alibaba denies claims that mainland China still has direct influence on its Singapore-based subsidiary it uses to oversee Taiwanese operations, the company said it will start the process of registering there as a mainland China-based business.