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Executive Chairman Jack Ma was speaking after
Gucci, Yves Saint Laurent and other brands owned by Kering sued
Alibaba in the United States on Friday, accusing it of knowingly
making it possible for counterfeiters to sell their products
throughout the world.
"I think it is regrettable that that company sued us. It would
have been better had they tried to find a solution through
cooperation with us," he told reporters in Seoul.
Ma also said Alibaba was interested in investing in U.S. tech
companies, confirming media reports that the e-commerce firm is
in talks with Apple Inc over an electronic payments system.
"We are in talks for cooperation regarding a payment system.
Both companies want a variety of ways to cooperate, but for now
we are working on our first project," Ma said.
Apple Chief Executive Tim Cook was quoted by China's Xinhua News
Agency earlier this week as saying Apple had been in talks with
Alibaba to launch Apple Pay in China.
(Additional reporting by Sohee Kim; Editing by Tony Munroe and
Miral Fahmy)
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