Category: Business

Jack Ma’s Alibaba to invest in Hangzhou Greentown football team

The owner of Hangzhou Greentown football club, Song Weiping, has revealed that he is set to sell a 49 percent stake in his club to Jack Ma’s Alibaba corporation—owner of successful online marketplace Taobao. Greentown had been thought… Read More

Report: Nissan to sponsor Evergrande in groundbreaking deal

Guangzhou Evergrande have struck a 100 million RMB  (12 million Euro) sponsorship deal with car manufacturer Dongfeng Nissan shirt for the 2014 season, according to a detailed report on Chinese website 163.com (Netease). The deal will see Evergrande bear… Read More