Once again, the plot thickens in the world of ecommerce as a judge in New York has ruled that Alibaba, the Chinese ecommerce behemoth, must face a lawsuit filed by a U.S. toymaker. And what's the accusation? Selling counterfeit Squishmallows, of all things!
In a twisty turn of events, Judge Jesse Furman of the Southern District Court of New York has kindly denied Alibaba's request to dismiss the case brought forth by Kelly Toys Holdings, the creators of those adorable plush toys that we all know and love. Kelly Toys, owned by the toy company Jazwares, which itself is under the watchful eye of billionaire Warren Buffett's Berkshire Hathaway, means business when it comes to protecting its brand.
