Thursday, June 9, 2022

Amazon goes tough on fraud, bans 4 bn bad listings in 2021

 Amazon's automated technology had identified 8 billion potential abuses in which it blocked more than 4 billion bad listings and 3 million fake goods in 2021.

These insights had been revealed through Economic Cooperation and Development (OECD) which make up 2.5% of world trade. 

In 2021, amazon invested more than $900 million and had more than 12000 people. It's counterfeit crimes unit was efficient enough to stop them from abusing Amazon's stores. 

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