Alibaba co-founder Tsai invests $10m in G2 Esports

Richard "shox" Papillon of G2 Esports competes against FaZe Clan during the CORSAIR DreamHack Masters quarter finals (Photo by Cooper Neill/Getty Images)

Alibaba co-founder Joseph Tsai has become a minority investor in G2 Esports, one of the top European esports teams, through a $10m (€9m) investment in the organisation.

G2, which is based in the German capital of Berlin, has also signalled its intention to open an office in New York in 2020.

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