Haiqiu Technology completes first round of financing

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Haiqiu Technology, an Internet sports venture company, has completed the first round of financing of tens of millions. It was led by Chinese Culture Group and followed by Tencent and Yuanxun Investment. Haiqiu Technology said that this round of financing was to be used to promote its businesses and delve into products, resources and clients.

Founded by Sunjihai, the famous Chinese football player in February 2016, Haiqiu Technology is a venture company aimed at getting through industrial chain links with excellent sports resources integrated by internet technology and business models to provide sports staff and clients with accurate services such as resources docking, content export and commercial cooperation.

In terms of important sports resources, which are valued by the capital market, Haiqiu Technology has dominated the domestic sports sector with more than 2000 sports IP Resources including many sports stars, world and Olympic champions, sports media professionals, professional clubs and veteran players of fashionable sports. Its developing strategy centers around three elements: Technology, Media and Data, and it operates three key businesses -- short videos (Miao Hai), We Media (I’m Uncle Hai) and data entertainment (Ji Hai). It also has Haiqiu International, a business overseeing strategic investment of overseas sports IPs.  

Haiqiu International has succeeded in buying some shares in Fenway Games, a British sports game developer. On the Miao Hai short video platform there gather more than 1000 sports talents, over 0.5 million registered users and over 30 thousand monthly active users. I’m Uncle Hai boasts a cumulative of nearly a billion plays of its videos since this April. Jihai has also gone public, providing Live Score and other services.

‍‍Proofread by Sean O Diobhilin‍‍‍