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EverC/Ipsos Poll: 88% of Americans Think E-Commerce Marketplaces Should Be Liable for Counterfeit, Illegal Products Sold on Their Websites

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NEW YORK and TEL AVIV, Israel, May 18, 2022 (GLOBE NEWSWIRE) — A new joint survey between Ipsos and EverC found that almost nine in ten US consumers who use e-commerce marketplace websites think those marketplaces should be held liable for the products sold on their sites. The survey, with data collected by global market research firm Ipsos, examined consumer sentiment and trust toward online e-commerce marketplaces, their experiences receiving counterfeit, illegal or unsafe products, and other usage habits around these platforms.

The e-commerce industry is poised to grow into a $5.4 trillion market by 2022 and, with it, criminal activities are rising exponentially. Criminals are flooding the global economy with nearly $1 trillion worth of dangerous, counterfeit and illicit products, taking advantage of today’s largest e-commerce marketplaces. As a result, regulators are taking action by issuing costly fines and new regulatory actions, while the marketplaces themselves are losing the confidence and trust of consumers.

“With the rise we’ve seen in e-commerce activity over recent years, more and more criminals are hiding behind e-commerce marketplace platforms to sell products that are counterfeit, illegal or unsafe,” said Noam Rabinovich, Co-founder of EverC. “These survey results demonstrate the existential threat that marketplaces are facing to their reputation and livelihood, not to mention the potential harm that consumers could face as a result of these illicit products. The best way to halt the problem is by catching these listings early-on and keeping them from ever reaching the marketplace.”

According to the survey, 41% of consumers say their experiences receiving fraudulent products have negatively impacted their willingness to make purchases from e-commerce sites. That number is even higher among 18-34-year-olds (52%), and more than half of the same group (56%) also reported receiving at least one flawed or fraudulent product within the last year from an online purchase.

Fashion (44%) and electronics (33%) are the top two categories consumers reported most often being counterfeit, illegal or unsafe.

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And while 68% of respondents hold the seller most responsible for illegal or fraudulent products, more than a quarter (27%) instead put the most responsibility on the e-commerce marketplace site that facilitated the transaction.

To learn more about these findings and other industry trends uncovered in the survey, please download a copy of the full report here.

Survey Methodology: This survey was conducted using a panel of 1,878 adults ages 18+ – who are users of e-commerce marketplace sites – from the continental U.S., Alaska, and Hawaii. All responses were collected online, in English, between Nov. 30 and Dec. 2, 2021.

About EverC
EverC is a pioneer in risk management and cyber intelligence, harnessing advanced artificial intelligence, machine learning and unique web crawlers to extrapolate and analyze data that illuminates the darkest corners of the web. The company provides unparalleled visibility into the largest source of data in the world, the internet. EverC offers two distinct solutions that support its customers’ needs to monitor, classify and assess their business risk. MerchantView helps financial institutions, banks and payments companies address the problem of online transaction laundering, while MarketView helps some of the largest online ecommerce marketplaces identify illegal and counterfeit product listings. For more information about EverC, please visit https://www.everc.com/

About Ipsos
Ipsos is the world’s third largest Insights and Analytics company, present in 90 markets and employing more than 18,000 people. Our passionately curious research professionals, analysts and scientists have built unique multi-specialist capabilities that provide true understanding and powerful insights into the actions, opinions and motivations of citizens, consumers, patients, customers or employees. We serve more than 5000 clients across the world with 75 business solutions.

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Founded in France in 1975, Ipsos is listed on the Euronext Paris since July 1st, 1999. The company is part of the SBF 120 and the Mid-60 index and is eligible for the Deferred Settlement Service (SRD).

ISIN code FR0000073298, Reuters ISOS.PA, Bloomberg IPS:FP www.ipsos.com

Media Contact
Kaitlyn Gartling, CSG
720-250-7765
[email protected]

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

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Xinhua Silk Road: E China’s Changzhou City unveils investment opportunities in sectors of new productive forces for global investors

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BEIJING, Sept. 29, 2024 /PRNewswire/ — Changzhou City, an leading international smart manufacturing base located in east China’s Jiangsu Province, has released a bunch of investment investment opportunities to global investors in various sectors of new productive forces at the the 2024 New Energy Industry Development Conference & Invest in Changzhou Conference held in the city on September 19.

The investment opportunities covers nine areas including synthetic biology, low-altitude economy, intelligent connected new energy vehicles, solid-state batteries, hydrogen energy, third-generation semiconductors, and artificial intelligence, manifesting the confidence of Changzhou in further opening development. 
Changzhou, seated in the axis of the Yangtze River Delta, has become an important base for advanced manufacturing in China.
In recent years, thanks to intensified efforts in developing new energy industry and fostering new quality productive forces, Changzhou has expanded the added value of its industrial sector to more than two trillion yuan, with manufacturing added value accounting for about 43 percent, both ranking among the top three in Jiangsu Province.
In the Hurun China New Energy Cities 2024, a list released by the Hurun Research Institute at the conference, Changzhou ranked first among other cities in the country for three consecutive years in terms of investment attractiveness and concentration.
Changzhou has accumulated a total of 10.59 billion US dollars (nearly 74.25 billion yuan) in terms of actually utilized foreign capital since 2020. Major projects such as soft magnetism of ArcelorMittal and medical device of BIOS, a Hong Kong-based company, have been launched during the conference. 
In addition, Changzhou has released a multilingual guide for foreign nationals in Changzhou at the conference, which includes practical service items in stay and residence, work, convenient payment options, among others, turning the city into a more open and international place.
Original link: https://en.imsilkroad.com/p/342380.html
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CGTN: China honors individuals with highest awards in celebration of 75th National Day

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BEIJING, Sept. 29, 2024 /PRNewswire/ — Huang Zongde enlisted in the Chinese People’s Liberation Army at the age of 17, beginning a nearly four-decade-long military career where his bravery, valor and devotion earned him countless awards and honors.

The heavily decorated 93-year-old received the highest state honor on Sunday when Chinese President Xi Jinping conferred him with the Medal of the Republic at a ceremony in the Great Hall of the People in Beijing.
China awarded national medals and national honorary titles to 15 individuals, including Huang, in recognition of their contribution and achievement as it celebrates the 75th anniversary of the founding of the People’s Republic of China, which falls on October 1.
Chinese heroes and role models
In addition to Huang, three others were awarded the Medal of the Republic. Wang Yongzhi, a missile and rocket expert and a pioneer of China’s manned space program, was honored posthumously. Wang Zhenyi, a medical scientist known for breakthroughs in leukemia treatment, and Li Zhensheng, an expert in wheat breeding, are also among the honorees.
The national honorary titles went to 10 people, including scientists, a border patrolman, an artist, a craftsman, educators, a health worker, an economist and an athlete.
Addressing Sunday’s awarding ceremony, President Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, called on the Chinese people to learn from heroes and role models to form a mighty force to build a strong China.
China is in a crucial period for building a great modern socialist country in all respects and achieving national rejuvenation through Chinese modernization, he said.
Encouraging the Chinese people to strive for extraordinary achievements at ordinary job posts, Xi urged them to contribute to resolving challenges to development and reform and safeguarding social harmony and stability.
China’s old friends and good friends
As its highest state honor for foreigners, China awarded the Friendship Medal to Dilma Rousseff, president of the New Development Bank and former Brazilian president, for her commitment to the friendship between China and Brazil, and development of relationship between China and the Community of Latin American and Caribbean States, and cooperation among BRICS countries, a group of major emerging economies.
Accepting the honor at the ceremony, Rousseff said the medal symbolizes the strong bonds between Brazil and China and pledged to continue her unremitting efforts to promote the friendship.
China’s achievements over the decades, including economic transformation, technological innovation and remarkable social development, have made it a beacon and a source of inspiration for the world, she said.
Xi lauded Rousseff as an outstanding representative of China’s old friends and good friends who have shared the same aspirations and stood together with the Chinese people over the past 75 years and vowed that China will never forget such international friends.
The Chinese people are ready to join hands with people from all over the world to safeguard world peace, promote common development and advance the building of a community with a shared future for mankind to create a better future for humanity, he said.
https://news.cgtn.com/news/2024-09-29/China-honors-individuals-with-highest-awards-ahead-of-National-Day-1xhS1SaZeZa/p.html
 

View original content:https://www.prnewswire.co.uk/news-releases/cgtn-china-honors-individuals-with-highest-awards-in-celebration-of-75th-national-day-302261867.html

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Kazakhstan Government Delegation Visited SUPCON

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HANGZHOU, China, Sept. 29, 2024 /PRNewswire/ — On September 26, a delegation from the Ministry of Digital Development, Innovations and Aerospace Industry of the Republic of Kazakhstan, led by Minister Madiyev Zhaslan, visited SUPCON. SUPCON’s Chairman and President, Mr.Cui Shan, warmly welcomed the delegation.

The Kazakhstan government representatives expressed their appreciation and recognition of SUPCON’s expertise and innovation in intelligent manufacturing, digital transformation, and industrial AI.
Madiyev Zhaslan expressed a strong interest in industrial AI technologies of SUPCON, particularly their applications in intelligent and low-carbon facilities. He looks forward to exploring extensive collaboration with SUPCON across various sectors in Kazakhstan.
Cui Shan emphasized that as a leading industrial AI company with a global presence, SUPCON will leverage its technological advantages to meet Kazakhstan’s industry development requirements and trends, injecting new momentum into the country’s industrial digitalization.
In 2023, SUPCON established a subsidiary in Kazakhstan as its Central Asia regional headquarters and set up a localized operational system. SUPCON will continue to invest in the long-term development of the Central Asia region, contributing further wisdom and strength to the industrial digital transformation in Kazakhstan and beyond.
Photo – https://mma.prnewswire.com/media/2518470/image_5022684_18905906.jpg Photo – https://mma.prnewswire.com/media/2518471/1.jpg

View original content:https://www.prnewswire.co.uk/news-releases/kazakhstan-government-delegation-visited-supcon-302261857.html

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