China
Formula One lays out plans for Chinese esports series
Formula One has outlined its belief that its first regional esports competition can boost the positioning of the motor-racing championship in China after revealing further details behind the project today…
China’s Wanda Sports drops US IPO target
In an amended filing with the US Securities and Exchange Commission, Wanda Sports Group has cut the size of their US initial public offering from $500m (€449m) to $308m.
Impact of Beijing 2022 sees China’s winter sports economy surpass $50bn
The winter sports industry in China is now worth over $50bn (€45bn), the local organising committee for the 2022 Beijing Winter Olympic Games has told an International Olympic Committee Evaluation Commission.
Suning promises increased investment in sport as it launches Premier League partnership
PP Sports, a division of Suning, launched its three-year broadcasting partnership with the English Premier League at an event in Shanghai last weekend
Shares in esports streaming platform DouYu start trading on Nasdaq
Shares in esports streaming platform DouYu, which is backed by social media and gaming giant Tencent Holdings, started trading on the Nasdaq market today as part of the biggest IPO by a Chinese company …
Alibaba lands Beijing 2022 ticketing contract under new IOC strategy
The International Olympic Committee (IOC) and local organising committee of the Beijing 2022 winter Olympic Games have appointed Chinese e-commerce company Alibaba as the event’s ticketing systems and s…
International Ski Federation announces strategic partnership with Sina Sports
The International Ski Federation (FIS) has announced a strategic cooperation with leading Chinese digital sports media platform Sina Sports as it continues its growth push in the Asian country
China sports industry market value and participant numbers continue steady rise
China's General Administration of Sport and National Development and Reform commission expects total consumer spending in the sports and fitness industry in China to hit CNY1
MLB launches esports league in China
Major League Baseball announced an esports tournament across Chongqing, Chengdu, Xi'an, Beijing, Hangzhou and Shanghai on their Weibo account
Alipay commits $145m to boost China women’s football
Online payment platform Alipay announced it will provide 1 billion yuan (USD$145m) in funding for a 10-year project to boost China's women's football industry
China Mobile enters esports arena with first competition after getting 5G licence
After being one of the first companies to receive 5G licences for commercial use in China last month, China Mobile announced their first foray into esports competitions in partnership with TJ Sports, Blizzard…
MLB hiphop campaign targeting millennials in China a success
A Major League Baseball (MLB) content campaign targeting youngsters and millennials in China has generated over 13 million video views on the Douyin platform in just two days
Manchester United launches “experience centre” and Chinese language app in China
English Premier League football club Manchester United has launched a preview of their first interactive "experience centre" in Beijing, as well as a dedicated Chinese language app
China Ministry of Commerce includes sport in list of encouraged foreign investment industries
China's National Development and Reform Commission and the Ministry of Commerce has indicated which areas of the sport business are likely to be favoured by the country's foreign investment policy
Chinese government predicts rise of salaries and talent demand in domestic esports market
The Ministry of Human Resources and Social Security of the People's Republic of China released an analysis report on the current state of esports employment, and revealed that 86 per cent of those working…
China Mobile to carry Espanyol content and cover Chinese star Wu Lei
Spanish football club Espanyol has signed an agreement with China Mobile under which video content, including live reserve team games, will be hosted on the mobile telco's video platform Midea Entertainment
Lululemon founder invests $100m in Anta
Chip Wilson, the founder of women's sportswear brand Lululemon, has acquired a 0.6-per-cent stake in Chinese sportswear company Anta Sports Products, in a deal worth $100m
Beijing 2022 to reduce carbon footprint with venue cooling technology
The Beijing 2022 Winter Olympics Organising Committee has announced it will use special cooling technology at its venues, designed to reduce the event’s carbon footprint.