Kong Stock Exchange as . It positions itself as a pharmaceutical e-commerce business and medical services. In the same year, Alibaba acquired Chinese map supplier AutoNavi. In April 2015, the group also reached an agreement to transfer its online B2C pharmacy, Tmall Medical (yao.Tmall.com), to AliHealth. The integration provides consumers a wide range of pharmaceutical and health products available in China. In 2015, Alibaba later launched its Shanghai-based sports division, AliSports, after a consolidation of some of the parent company's existing business units. The new company's operations encompass television and digital sports rights, event operation, venue commercialization, copyright, media, business development, gaming, and ticketing. AliSports secured exclusive title sponsorship of the FIFA Club World Cup from 2015 to 2022. The company announced a Champion of Champions rugby sevens tournament in 2017, to be played in Shanghai for the highest prize money ever offered in the sport. In December 2015, Alibaba agreed to acquire the South China Morning Post and other media assets belonging to the group for a consideration of $266 million. Although Alibaba promised editorial independence, vice-chairman Joseph Tsai said that Alibaba believes that "the world needs a plurality of views when it comes to China coverage. China's rise as an economic power and its importance to world stability is too important for there to be a singular thesis." The acquisition attracted media concerns over what this would mean for the newspaper's coverage. Other subsidiaries of Alibaba include Hangzhou Ali Venture Capital and Alibaba Entrepreneurs Fund. Hangzhou Ali Venture Capital (杭州阿里创业投资) is a company 80% owned by Jack Ma and another manager of Alibaba. For regulatory purpose, Alibaba Group did not own the company directly, but by pleading. It was considered as a subsidiary and/or consolidated entity of Alibaba Group. Ali Venture Capital is a shareholder of Beijing Enlight Media and a domestic shareholder of China Unicom. The Alibaba Entrepreneurs Fund is a non-profit making initiative launched by Alibaba Group in 2015. Alibaba also has invested in more than ten startups in Hong Kong including DayDayCook, GoGoVan, WeLend and Qupital. In 2019, Alibaba launched China-Russia flights in collaboration with Russian Post to assure fast shipping of products. Corporate governance Alibaba's main co-founder Jack Ma is the former executive chairman of the Alibaba Group from its creation to 10 September 2019. The current executive chairman is Daniel Zhang, who succeeded Ma on 10 September 2019, and is also Alibaba's CEO