Alibaba chairman Joseph Tsai and wife to divorce: Report

Business operations and ownerships in the tech giant and sports groups will not be affected.

In a statement shared with multiple outlets, the Tsais said that they would remain 'professional' partners and would continue to hold their roles in the teams and their parent company, Brooklyn Sports and Entertainment.

“Over the years, their relationship evolved into more of a partnership, one of running their businesses and raising their children together."