Alibaba spent $161M fighting fakes, bans 90M items By: CNBC.com News December 23, 2014 at 06:03 AM EST Chinese ecommerce giant Alibaba took 90 million counterfeit items offline and spent over 1 billion yuan ($160.7 million) fighting fake goods. Read More >> Related Stocks: Alibaba Group Holding Ltd Lvmh Moet Henn ADR eBay