Tag Archives: Alibaba

The Ma the merrier for Guangzhou Evergrande

Jack Ma is no idiot – he presides over a company that is set to go public at an estimated value of $152 billion dollars – but Evergrande looks to have got the better of the deal that sees Alibaba take a 50% stake in Chinese Super League club Guangzhou Evergrande for $192 million.

The drinking continues: Evergrande's Xu Jiayin and Alibaba's Jack Ma
The drinking continues: Evergrande’s Xu Jiayin and Alibaba’s Jack Ma

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