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October 25, 2016

Alibaba signs on as official sponsor for LPGA Tour

Participating in this sponsorship deal:

Alib Data?1415808329

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 Ladies Professional Golf Association is an American organization for female professional golfers. The organization is headquartered in Daytona Beach, Florida, and is best known for running the LPGA Tour, a series of weekly golf tournaments for elite female golfers from around the world from February to December each year.

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SHANGHAI, China, October 25, 2016 - Alisports (Shanghai) CO., LTD, a division of Alibaba Group, is partnering with the Ladies Professional Golf Association to own an LPGA tournament hosted annually in Mainland China for the next 10 years, the company announced today. The tournament will be a part of the LPGA’s fall Asian swing and will be on the Tour’s schedule in late September or early October.
Read more at www.lpga.com »
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