( It now owns about 40 percent . )
In 2014 , Alibaba Group Holding , owned by Chinese billionaire Jack Ma , bought a 50 percent stake in Guangzhou Evergrande for $192 million .
( Chinese now owns about 40 percent . )
In 2014 , Alibaba Group Holding , owned by Chinese billionaire Jack Ma , bought a 50 percent stake in Guangzhou Evergrande for $192 million .