Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024 16:40
Kunlun Fight, a leading fighting event organizer in China, has raised over RMB200 million from investors in their Round B funding, according to domestic media reports.
The Round B funding, led by Morningside Venture and followed by IDG Capital and Northern Light Venture, will make the estimated valuation of Kunlun Fight rise to US$350 million.
The organization is also set to build a global fighting centre in the capitalafter agreeing a long-term title sponsorship deal with the owners of a comprehensive sports complex which is based in Daxing, Beijing. The company will also have the rights to operate the venue for the next twenty years. The new complex will be used by Kunlun Fight to cover fighting-related education, training and event organisation.
“(We) can attract top international fighters to Our World Fighting Center in Daxing, which will be capable of holding weekly events and courses,” said Jiang Hua, founder of Kunlun Fighter.
Source: Lanxiong
Proofread by John Devlin.
The United States Tops Skema Publika's First Annual Sport and Soft Power Ranking
27 Mar 2025 14:05
Related coverage
Wang Jianlin interested in Tour de France
01 Mar 2016
LEFIT completes 300-million-yuan Series C financing
16 Oct 2017
Boao Highlights(II): CBA is a still freshman in the sports market
28 Mar 2016
Hualu Baina to invest RMB1b in winter sports
15 Jul 2015
Chinese businessman Lai Guochuan controls West Brom
05 Aug 2016
More from Yutang Sports
A turning point for global sport: IBA President Umar Kremlev and Donald Trump Jr join forces
30 Sep 2025
The United States Tops Skema Publika's First Annual Sport and Soft Power Ranking
27 Mar 2025
SPORTACCORD confirms Istanbul as Host City for 2025 Convention
13 Mar 2025
When New tournaments Meets New Tech, the Old Friend of Football Has New Stories
14 Jul 2025
Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024
Yutang Sports
loading...