Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024 16:40
A social sports mobile application named Paidui, or Party, has recently raised US$200 million in Pre-A Round which was backed by China International soccer stars Zhang Linpeng and Wuxi.
Paidui, founded by former VP of Letv Zhang Te who also served as the secretary to President of Letv, is now valued at approximate US$20 million, Mr. Zhang said in a recent interview.
The application is expected to help sports groups find event organizations alongside to provide them with statistics and sociality.
In addition, Paidui would serve as an agency which helps grass-roots clubs monetize by selecting local sponsorships for the clubs in the future, Zhang revealed.
Having been invested and boosted by the mentioned China International duo, it would be key for Paidui to land more big names in the future.
Mr Zhang also disclosed that his team are set to undertake F5WC qualifiers and other sports events in the coming months.
Source: Lanxiong
The United States Tops Skema Publika's First Annual Sport and Soft Power Ranking
27 Mar 2025 14:05
Related coverage
Weekly Report: FIFA Club World Cup sees Guangzhou advance to semifinal
15 Dec 2015
Football organization raises RMB17m
19 May 2016
Le Sports sues three infringers
14 Mar 2016
Chairman of Infront China to join LeEco
29 Jan 2016
Chery Rely: success in Dakar proved product quality
12 Dec 2014
More from Yutang Sports
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
SPORTACCORD confirms Istanbul as Host City for 2025 Convention
13 Mar 2025
A turning point for global sport: IBA President Umar Kremlev and Donald Trump Jr join forces
30 Sep 2025
Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024
Yutang Sports
loading...