---
title: "Which Chinese E-Commerce firm has become the top sponsor of the Olympic Games through 2028?"  
description: "Which Chinese E-Commerce firm has become the top sponsor of the Olympic Games through 2028?"  
author: "Lily Chitlangiya"  
published: 2021-11-22  
updated: 2021-11-22  
canonical: https://answers.mindstick.com/qa/94180/which-chinese-e-commerce-firm-has-become-the-top-sponsor-of-the-olympic-games-through-2028  
category: "sports"  
tags: ["sports"]  
reading_time: 2 minutes  

---

# Which Chinese E-Commerce firm has become the top sponsor of the Olympic Games through 2028?

Which [Chinese](https://www.mindstick.com/blog/301815/chinese-scientists-clone-super-cows) E-[Commerce](https://www.mindstick.com/news/3680/reliance-jio-with-iit-bombay-team-creating-bharat-gpt-to-launch-a-tv-os) firm has become the top sponsor of the Olympic [Games](https://www.mindstick.com/articles/13085/the-most-famous-casino-games) through 2028?

## Answers

### Answer by Harshal Vispute

The **[International Olympic Committee (IOC)](https://answers.mindstick.com/qa/62176/india-proposed-to-host-the-2023-international-olympic-committee-session-in-which-city)**and **Alibaba Group (NYSE: BABA)** established a **long-term relationship** that will last through **2028**. Alibaba will join the Olympic Channel as an official **'Cloud Services'** and **'E-Commerce Platform Services'** partner, as well as a **Founding Partner**, after becoming a member of The **[Olympic](https://answers.mindstick.com/qa/62176/india-proposed-to-host-the-2023-international-olympic-committee-session-in-which-city) Partner's (TOP) global sponsorship program**.

During the **World Economic Forum in Davos, Switzerland**, **[IOC](https://answers.mindstick.com/qa/62176/india-proposed-to-host-the-2023-international-olympic-committee-session-in-which-city) President Thomas Bach** and **Alibaba Group Founder** and **Executive Chairman Jack Ma**, along with **Alibaba Group Chief Executive Officer Daniel Zhang**, announced the alliance. \
![Which Chinese E-Commerce firm has become the top sponsor of the Olympic Games through 2028?](https://answers.mindstick.com/questionanswer/4a1ba528-91ab-46e6-ac22-519e47146855/images/61d128a0-9058-4f52-9322-d1b0a4f4d398.jpeg)\
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'Alibaba is uniquely positioned in this new digital environment to assist the IOC in achieving a variety of significant objectives mentioned in **Olympic Agenda 2020** while defining the Olympic Movement's future positively,' stated IOC President **Thomas Bach**. This is a ground-breaking, forward-thinking partnership that will assist generate efficiencies in the **Olympic Games**' **organization** through **2028**, as well as support the global development of digital prospects, such as the Olympic Channel.' \
'Alibaba's collaboration with the IOC is based on similar values and a shared goal for connecting the world and enriching people's lives,' said **Jack Ma**, Alibaba Group's Founder and Executive Chairman. 'We are glad to support **Olympic Agenda 2020** and contribute to the progress of the Olympic Games for the digital era with our innovations and technology.' \
**Alibaba** is the **first Chinese corporation** to commit to the **[Olympic](https://answers.mindstick.com/qa/62176/india-proposed-to-host-the-2023-international-olympic-committee-session-in-which-city) Winter Games** in **Beijing 2022** and the first to make a long-term commitment to the **IOC** through **2028**.


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Original Source: https://answers.mindstick.com/qa/94180/which-chinese-e-commerce-firm-has-become-the-top-sponsor-of-the-olympic-games-through-2028

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