Alibaba Group Focuses on Sports with New Business Venture - See more at: http://www.zacks.com/stock/news/189437/alibaba-group-focuses-on-sports-with-new-business-venture#sthash.TVbsCuyb.dpuf

China’s e-Commerce big shot, led by billionaire Jack Ma, recently launched Alibaba Sports Group along with Sina, a Chinese Internet news site, and Yunfeng Capital to reform the country’s sports industry via the Internet.

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