Storm sports completed 200 million yuan A round of financing and other aspects of the joint venture

[TechWeb] September 20th news, storm group today announced that the group’s participation in the completion of the storm sports 204 million yuan A round of financing. Round of financing by the Jingning Everbright Investment Co., Ltd., one of the 5 partners to invest in the joint venture.


storm sports completed 200 million yuan A round of financing and other aspects of the joint venture Everbright Zhejiang

storm sports formally established in June this year, brings together the Super League, the Bundesliga and broadcast copyright events, starting from the end of October, the storm will also broadcast online sports season all screenings CBA events.


sports said, hope that through this storm sports financing to further enhance competitive advantage, increase investment, enhance the world-class sports IP development ability, R & D production standards, promote new technologies such as VR, to create a different game viewing experience, so as to provide better services for users of Internet sports.

CEO, a sports storm Group Chairman Feng Xin said the storm sport will support the sports industry of the parties since the establishment of the A round of financing is successful storm sports development has become a solid step in the global Internet sports platform.

After the storm

technology market, launched the DT global entertainment strategy, storm, storm, storm, storm mirror TV sports has become the four largest business platform company. In 2016 January, the storm mirror announced the acquisition of 230 million yuan B round of financing, valuation of the company 1 billion 430 million. 2016 – August, storm TV announced the acquisition of 200 million yuan A round of financing, the company valued at RMB 2 billion. (Ming Yu)

Be the first to comment

Leave a comment

Your email address will not be published.