VivaTech takes the stage as the world's leading event for tech and startups
19 Jun 2023 18:33
Alibaba Group officially announced on January 2 that Alisports Founder and CEO, ZHANG Dazhong, has stepped down as the CEO of Alisports as his contract has come to an end although he will continue to serve as one of the directors and as a consultant for Alisports.
Alibaba’s online media platform, Youku, has appointed its General Manager of the Youku Sports and Children Division, DAI Wei, as CEO of Alisports while he still retains his titles and responsibilities at Youku.
After appointing Dai Wei as its CEO, Alisports will be further integrated with the Culture and Entertainment Division of Alibaba Group.
Alisports was founded in September, 2015. Since its foundation, Alisports has focused on collaborations with Chinese cities in the sports sector, eSports and campus sports, with a tendency to focus on the actual realization of sports and exercise in the physical off-line environment. In April 2018, Alisports announced A round financing of CNY1.2bn, with a market valuation of over CNY8bn.
Youku Sports live broadcast the 2018 FIFA World Cup and has reached a collaboration with Suning’s PP Sports in forming a joint media platform to bring many football events such as the Premier League, LaLiga, Bundesliga, UEFA Champions League, CSL and others to audiences.
Both Youku and Alisports belong to Alibaba Group’s Culture and Entertainment Business Division which includes companies like Alibaba Pictures, Heyi (Youku and Tudou), Alibaba Music, Alisports, UC, Alibaba Gaming, Alibaba Literature and Alibaba Digital Entertainment.
Reference: iFeng
Proofread by Raymond Fitzpatrick
Related coverage
Alisports to establish a fitness academy
08 Sep 2017
Alisports announce location of Asia-Pacific Final of WESG
07 Dec 2017
Ali Sports signs MOU with AIBA
25 Jan 2016
Team China’s great soccer dream
12 May 2016
Alibaba and Sina announced wide ranging deal with Kobe Inc.
04 Aug 2015
More from Yutang Sports
SportAccord 2024 - combating online abuse ‘chance for sport to show its power’
22 Mar 2024
SportAccord calls for the power of sport to lead anti-abuse actions
17 Apr 2024
Yutang Sports Appointed as the Official Media Partner of the Future of Sport
14 Jun 2023
HealthAccord spotlights mental health and female athlete well-being
08 Feb 2024
Gender equality will be reflected at OBS's coverage of the Paris 2024 Olympic Games
16 Apr 2024
Yutang Sports
loading...