Alibaba signs on as official sponsor for Real Madrid
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:
Real Madrid Club de Fútbol , commonly known as Real Madrid, is a professional football club based in Madrid, Spain.
Real Madrid unveiled a new agreement with the Alibaba group, a world-leader in e-commerce, launching the Real Madrid official online shop on their Tmall platform in China. "We are further deepening our relationship with this country with this deal with the Alibaba group, the absolute world-leader in e-commerce. This agreement with allow us to launch Real Madrid's official online shop in China to more than 600 million Chinese consumers", declared President Florentino Perez.
Read more at www.realmadrid.com »
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