When you get blackmailed you disclose it and report it to the police. This is exactly what Alibaba did when it was confronted by “an organized attempt of blackmail” by unnamed authors demanding $300,000 to prevent publication of negative information. The information in question consisted of rehashed articles from the Chinese press.
“When faced with utterly baseless accusation and unscrupulous threats using public opinion, we will not give in!” the company announced on Weibo. It also indicates internal sensitivities at Alibaba ahead of its planned listing in New York.
Source: Financial Times