TechCrunch
plus-bold
TechCrunch
Open Navigation
TechCrunch
Guangzhou Evergrande
Alibaba Buys 50% Stake In Leading Chinese Soccer Team Guangzhou Evergrande
Jun 04, 2014
Catherine Shu
Alibaba Group chairman Jack Ma announced today at a press conference that the company will buy a 50% stake in Guangzhou Evergrande Football Club, one of China's top soccer teams. The deal's value was