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Business / Biz Photos

Jack Ma: sports fan or the next mogul?

Updated: 2014-10-30 08:44 (chinadaily.com.cn)
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The founder of China's e-commerce giant Alibaba, Jack Ma, is famous for his love of kung fu, in addition to his influential entrepreneurship. He has also invested in the sports industry, with a 50 percent stake in China's most successful football club, Guangzhou Evergrande, at $192 million.

Now, after Ma was spotted at the Los Angeles Lakers season opener, along with Hollywood agents Ari Emanuel and Patrick Whitsell, as well as actor Jet Li, observers are wondering what his next investment could be.

Jack Ma: sports fan or the next mogul?

Chinese Internet wiz Jack Ma who created Alibaba.com, the world's largest business to business Online platform attends the Los Angeles Lakers season opener against the Houston Rockets at the Staples Center in Los Angeles, California, along with Hollywood Agents Ari Emanuel and Patrick Whitsell as well as actor Jet Li, Oct 28, 2014. [Photo/IC]

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