Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024 16:40
Chinese online sports streaming platform Zhangyu TV are set to complete Round C fundraising valued at approximate RMB100 million, according to their founder Zhang Xuan who showed up at a media conference lately held in Beijing.
The platform, launched in April, have secured over US$10m in the first two rounds of fundraising led by VC giants IDG and Morningside Ventures, Zhang added.
As one of the star-ups in the newly emerged online sports streaming, Zhangyu TV focus on their live interactive broadcasting services by thousands broadcasters, most of whom are little-know but engaging to the audiences.
But there are bigger names in the squad as Zhangyu TV have signed with renowned Chinese female Nineball plaer Fu Xiaofang and former China soocer international Xu Liang.
Now Zhangyu TV have a broadcasting team consists over 3,500 members and provide 1,000+ hours of air tiem tox around 3 million active users on daily average basis.
Source: Beijing Business Today
The United States Tops Skema Publika's First Annual Sport and Soft Power Ranking
27 Mar 2025 14:05
When New tournaments Meets New Tech, the Old Friend of Football Has New Stories
14 Jul 2025 12:36
Related coverage
China Sports Industry Group revenues increased and to shift focus to sports
01 Apr 2015
Fosun plans to buy a minority share of Jorge Mendes’s company
17 Nov 2015
Report on CFA's separation from China's Sports Administration: (Ⅲ)
20 Aug 2015
29 Oct 2014
10 Aug 2016
More from Yutang Sports
Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024
SPORTACCORD confirms Istanbul as Host City for 2025 Convention
13 Mar 2025
The United States Tops Skema Publika's First Annual Sport and Soft Power Ranking
27 Mar 2025
When New tournaments Meets New Tech, the Old Friend of Football Has New Stories
14 Jul 2025
Yutang Sports
loading...