×
69 569
Fashion Jobs
OLD NAVY
General Manager - The Sands
Permanent · OCEANSIDE
OLD NAVY
Asset Protection Coordinator - Oakland Area
Permanent · CONCORD
OLD NAVY
Asset Protection Coordinator - Jamaica Center
Permanent · NEW YORK
OLD NAVY
Asset Protection Coordinator - Jackson Heights
Permanent · NEW YORK
OLD NAVY
Asset Protection Coordinator - Rego Park s/c
Permanent · NEW YORK
ATHLETA
General Manager - Rice Village
Permanent · HOUSTON
OLD NAVY
Asset Protection Service Representative - Jackson Heights
Permanent · NEW YORK
NEIMAN MARCUS
Loss Prevention Investigator, 37.5-Hours - Northbrook
Permanent · Northbrook
NEIMAN MARCUS
Senior Restaurant General Manager
Permanent · Beverly Hills
JCPENNEY
Beauty Field Manager - Greater Atlanta Area
Permanent · Plano
JCPENNEY
Salon Manager Btc - River Oaks Shopping Center
Permanent · Calumet City
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Elizabethtown
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Worcester
KOHLS
Full-Time Loss Prevention Officer
Permanent · Folsom
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Elk Grove
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Medford
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Clifton Park
KOHLS
Full-Time Loss Prevention Officer
Permanent · Albuquerque
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Rochester
KOHLS
Full-Time Loss Prevention Officer
Permanent · Beaumont
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Louisville
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Clarksville
By
Reuters API
Published
Apr 11, 2018
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Dubai's Alibabacoin says Alibaba has no monopoly on "magic" name

By
Reuters API
Published
Apr 11, 2018

The Dubai-based cryptocurrency firm Alibabacoin Foundation on Tuesday said Alibaba Group Holding Ltd cannot monopolise the "magical" Alibaba name, and asked a U.S. judge to dismiss the Chinese e-commerce retailer's trademark lawsuit.


Reuters


In a filing with the U.S. District Court in Manhattan, Alibabacoin rejected the claim that consumers would be confused into thinking Alibaba supported its alleged effort to raise money in the cryptocurrency market.

Alibabacoin, which is also known as ABBC Foundation, said it has not been trying to piggyback off the Alibaba name, and that China's ban on initial coin offerings in September eliminated a key source of potential confusion.

"The legend of Alibaba conjures up thoughts of magic, gold coins, and 'Open Sesame,'" Alibabacoin said. "The ABBC entities are well within their rights to use a word connoting magic and golden coins in an area (Alibaba) has not used or, at the very least, has abandoned."

A U.S.-based lawyer for Alibaba did not immediately respond to a request for comment.
Alibabacoin asked U.S. District Judge Paul Oetken to throw out a temporary restraining order issued by another judge last week, and not to issue an injunction against its use of the name.

It also argued that the court lacked jurisdiction over the case because Alibabacoin lacked sufficient ties to New York.

Alibaba's lawsuit sought a halt to further alleged infringements, plus compensatory, punitive and triple damages for alleged violations of federal and New York state law.

The case is Alibaba Group Holdings Ltd v. Alibabacoin Foundation et al, U.S. District Court, Southern District of New York, No. 18-02897.

© Thomson Reuters 2023 All rights reserved.