Joseph Tsai, Links, Mitbegründer und Executive Vice Chairman der Alibaba Group, und Pac-12 Kommissar Larry Scott, rechts, Pose auf einer Pressekonferenz zu
Joseph Tsai, left, co-founder and Executive Vice Chairman of Alibaba Group, and Pac-12 Commissioner Larry Scott, right, pose at a press conference to announce the strategic cooperation between Alibaba and Pac-12 in Hangzhou city, east China's Zhejiang province, 10 September 2015. Chinese e-commerce giant Alibaba Group announced on Thursday (10 September 2015) that it has reached a two-year agreement for the exclusive cooperation with US collegiate sports league Pac-12 to expand its business in professional sports. Alibaba on Wednesday set up a new company to focus on professional sports, it said in a statement, as it seeks new business areas beyond e-commerce. Alibaba Sports Group, majority owned by Alibaba Group, will use its parent's e-commerce ecosystem to participate in businesses such as sports media, events and ticketing, the statement said.
