VivaTech takes the stage as the world's leading event for tech and startups
19 Jun 2023 18:33
On Mar. 13, 2017, the establishment of the Jian Sheng Sports Fund was officially announced by China Media Capital and Sequoia Capital at a joint press conference. The fund has combined the two giant capital funds and aims at promoting the overall upgrade of the Chinese sports industry with its rich industrial resources and strong investment operation teams.
The Jian Sheng Sports Fund has led the series A investment round for Wanmingyang Media, a boxing events operator and video content provider. Meanwhile, it has completed the investment for Hero Sports, an Esports events operator.
So far, China Media Capital has invested in comprehensive sports spheres including the likes of events copyright development, media operation, sports marketing and data services.
Sequoia Capital has invested in key sections such as sports equipment brands, sports lotteries and new events IP.
The Jian Sheng Sports Fund will consolidate domestic and international industrial resources and promote its core strengths in investment & operation, in order to advance the globalization of good overseas projects, as well as bringing in further top overseas projects.
Source: sports.sohu.com
Proofread by Sean O Diobhilin
Future of Sport: a resounding success for the Global Sports Week and Viva Technology collaboration
21 Jun 2023 12:27
Related coverage
Chinese investor buys into Timberwolves
28 Jun 2016
China’s changing attitudes towards investing in overseas sports properties
08 Jan 2018
China makes its mark on global sport industry
30 Jan 2015
Chinese businessman eyes Newcastle Jets
26 Jan 2016
Chinese investors to acquire majority stake in Sintrense
08 Jul 2016
More from Yutang Sports
Gender equality will be reflected at OBS's coverage of the Paris 2024 Olympic Games
16 Apr 2024
SportAccord Welcomes Return of Principal Media Partner Yutang Sports
01 Feb 2024
Yutang Sports Appointed as the Official Media Partner of the Future of Sport
14 Jun 2023
WFDF is ready to fly in Chengdu for the World Games 2025
17 Apr 2024
Discover why SportAccord plays central role for Silvers in strategic partnerships
22 Feb 2024
Yutang Sports
loading...