Alisports and CSM team-up to develop sports in China
By iSportconnect | April 7, 2016
Alibaba Sports Group, anabolics Alisports, capsule and global sports and entertainment group CSM have entered into a partnership to develop and run a range of global sport properties and develop mass participation events across China.
With the goal of China’s President Xi Jinping to turn the country into a “great sports nation”, creating an industry worth $760bn by 2025.
CSM Group CEO, Zak Brown said: “Alisports parent company operates the largest e-commerce market in the world.
“With a mission to make it easy to do business anywhere and priding themselves in changing the way people meet, work and live we want to help them change the way people engage with and participate in sport, giving sports fans across China easier access to and more interaction with sport,”
Zhang Dazhong, chief executive of Alisport added: “Sport is a national priority for China. It has the power to create shared happiness and encourage healthy lifestyles.”
“With CSM’s extensive knowledge across all sports and Alisports’ dominance in internet-based technologies we can bring greater and better products and services to all sports fans in China whether they take part themselves or cheer on their heroes.”
The partnership will see bespoke events created across a number of sports at elite and grassroots level targeting Alibaba’s half a billion users and turning them into sportsmen and women and sports fans.