Alibaba signs on as official sponsor for International Olympic Committee (IOC)
Participating in this sponsorship deal:
About Sponsor:
Alibaba Group Holding Limited (NYSE: BABA) is a Chinese e-commerce company that provides consumer-to-consumer, business-to-consumer and business-to-business sales services via web portals. It also provides electronic payment services, a shopping search engine and data-centric cloud computing services. The group began in 1999 when Jack Ma founded the website Alibaba.com, a business-to-business portal to connect Chinese manufacturers with overseas buyers.
About Property:
The International Olympic Committee (IOC) is an international corporation based in Lausanne, Switzerland, created by Pierre de Coubertin on 23 June 1894 with Demetrios Vikelas as its first president. Today its membership consists of the 205 National Olympic Committees .