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Alibaba Group Founder and Executive Chairman, China's Jack Ma (L) poses with International Olympic Comittee (IOC) president Thomas Bach as they exchange gifts during the anouncement of a long-term partnership of Alibaba as worldwide sponsor on the sideline of the Forum's annual meeting, on January 19, 2017 in Davos. / AFP / FABRICE COFFRINI (Photo credit should read FABRICE COFFRINI/AFP/Getty Images)

Alibaba Group Founder and Executive Chairman, China's Jack Ma (L) poses with International Olympic Comittee (IOC) president Thomas Bach as they exchange gifts during the anouncement of a long-term partnership of Alibaba as worldwide sponsor on the sideline of the Forum's annual meeting, on January 19, 2017 in Davos. / AFP / FABRICE COFFRINI        (Photo credit should read FABRICE COFFRINI/AFP/Getty Images)