Alibaba co-founder Joseph Tsai became the official owner of Brooklyn Nets by acquiring another 51% of its shares and the Barclays Center on September 19, according to Xinhua Sports.
XPENG has finished its A+ round financing and plans to announce B round financing in early 2018, XPENG Motors Chairman He Xiaopeng said in a Weibo post on December 15. Investment in this round of financing came from Xiaomi, Foxconn and IDG.
