Companies

Why is Alibaba buying a football club?

Name: Why is Alibaba buying a football club?
Uploaded: 2014-06-05T14:12:51.328Z
Duration: 3 min 8 s
Channel: Financial Times
Description: Lex on what the Chinese ecommerce giant’s strategy might be

Alibaba has agreed to buy 50 per cent of Guangzhou’s top-rated Evergrande football club, the latest move in a spending spree. Lex’s Robert Armstrong and Leslie Hook discuss what the Chinese ecommerce giant’s strategy might be.

June 5, 2014

Filmed by Rod Fitzgerald. Produced by Darryl Thomson.