Interview with Yiannis Exarchos: to narrate Olympic story in new ways and promote positive values
01 Jul 2024 14:40
Beijing Day-BL Sports and Culture Co. Ltd, founded by former Chinese NBA star Mengke Bateer, has raised around RMB10 million from Angel Investors, according to a report on the Chinese web portal Netease.
In addition to the RMB10 million investments, the investors are offering subsequent help and support to Bateer and his company, stated the CEO of Day-BL at a press conference held in Urumuqi, the capital city of Xinjiang.
The report says DAY-BL is to launch a youth basketball tournament in Xinjiang. The tournament, which will start in April, covers 8 cities in Xinjiang. Over 200 teams and 3,000 participants will take part.
The company also has plans to expand the youth basketball competition to 10 Chinese provinces, including Guangdong, Jilin, Shandong, Hunan, Inner Mongolia and Beijing.
Day-BL is a basketball company founded by Mengke Bateer in 2015.He also set up the Olajuwon Bateer Dream Academy in the US with Hakeem Abdul Olajuwo last year.
Source: Netease
Proofread by John Devlin.
Interview with Yiannis Exarchos: to narrate Olympic story in new ways and promote positive values
01 Jul 2024 14:40
Related coverage
Successful Chinese basketball coaches clinics come to a close
01 Sep 2017
NBA-Tencent cooperation officially started yesterday
02 Jul 2015
Tencent signed as NBA’s exclusive online partner in China
30 Jan 2015
Preview of China Basketball Summit 2015 (III) : NBA and China
27 Nov 2015
China’s changing attitudes towards investing in overseas sports properties
08 Jan 2018
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
Expert insight | New changes on UEFA EUROs: growing maturity of Hisense and other Chinese brands
22 Jul 2024
SPORTACCORD 2024 INSIGHTS: Paris 2024 here we come!
02 Jul 2024
Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024
Yutang Sports
loading...