Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024 16:40
Guangzhou JoyRun Information Technology Co. Ltd. announced yesterday (November 1st) that the company has completed Round B of its fundraising, raising US$18m from Arena Capital.
The money will be used to help the company develop innovative products and engage more with runners, according to Liang Feng, CEO of JoyRun. In addition, JoyRun will also focus on commercialisation around running teams,to include alliances with team leaders, the establishment of running teams, training services and events organising.
As Liang revealed, JoyRun has either played a role in, or organized, 10 marathon events in 2015.
Based on an online-to-offline model, JoyRun unveiled a mobile APP last year that has now attracted around 15 million users. To date, over 9,000 running teams have registered on the APP.
JoyRun, founded in February 2014, is a Guangzhou-based sports company providing services to runners.
Arena Capital is a sports-related fund co-founded by leading Chinese sportswear provider K-bird and Hupu Sports.
Source: CYZone
Proofread by John Devlin.
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
2016 Rio Olympics merchandise to go on sale in China
31 Aug 2015
Aston Villa officially sold to Chinese businessman
19 May 2016
Drafted into NHL, Song Andong to boost hockey development in China
29 Jun 2015
Manchester City to set up franchise in China
21 Mar 2016
China to bring athletics events to city streets
25 May 2015
More from Yutang Sports
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
Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024
When New tournaments Meets New Tech, the Old Friend of Football Has New Stories
14 Jul 2025
Yutang Sports
loading...