New Delhi, Aug. 1 -- Alibaba Group Chairman Joseph Tsai and his wife Clara Wu Tsai have decided to divorce after about 30 years of marriage. The Tsais are the owners of the Brooklyn Nets and New York Liberty.

"Clara Wu Tsai and Joe Tsai have decided to end their marriage, a decision they came to mutually and with great respect for one another," a spokesperson for the couple told Page Six.

Over the years, the spokesperson said, Joseph and Clara's relationship evolved into more of a partnership - "one of running their businesses and raising their children together."

"While they have grown apart, their divorce is amicable, and their relationship remains a strong, professional partnership," the spokesperson said, adding that the business o...