Here are the top 10 Chinese sports business news stories that you need to know from this week: 1. Alisports raised RMB 1.2 billion in A series funding Apr 12, 2017 Alisports, the sports arm of Chinese e-commerce giant Alibaba, has landed a series A worth more than RMB 1.2 billion. The funding round, led by Yunfeng Fund (Jack Ma’s VC firm), puts Alisports’ valuation at RMB 7 billion. Other investors include Taiping Guofa (Suzhou) Capital Management and Shanghai Qianheng Ventur