Alibaba's Jack Ma says Kering lawsuit "regrettable"
SEOUL May 19 (Reuters) - The founder of Alibaba Group Holdings Ltd said a lawsuit by a group of luxury goods makers owned by Kering SA accusing the Chinese e-commerce giant of being a conduit for counterfeiters to sell goods was "regrettable".
"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," Executive Chairman Jack Ma told a press conference in Seoul. (Reporting by Christine Kim; Editing by Tony Munroe and Ryan Woo)
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