China

The Alisports arm of Chinese e-commerce giant Alibaba Group has made its latest major investment in the sports market by partnering with the International e-Sports Federation (IeSF).

Tour de France organiser Amaury Sport Organisation (ASO) has signalled its intention to tap into the Chinese market by partnering with the Activation Group agency to form new events themed around the annual ‘Grand Tour’ cycling race.

Organisers of the International Champions Cup (ICC) are close to sealing a deal to sell a substantial stake in the pre-season club football tournament to Chinese investors, according to Bloomberg.

Chinese conglomerate Dalian Wanda has sealed a deal to host a new international football tournament in China that will feature some of the sport’s top national teams from Europe and the Americas.

Asian mixed martial arts promotion the One Championship has secured investment from a consortium led by Singapore-based firm Heliconia Capital Management, with the deal being viewed as a means to boost its presence in the Chinese market.

The Alisports division of Chinese e-commerce giant Alibaba Group has entered into a partnership with US golf simulation technology company Full Swing as part of an ongoing effort to drive the growth of the sport in China.

Chinese conglomerate Dalian Wanda has today (Tuesday) reported a better-than-expected revenue climb of 10.6 per cent year-on-year for the first half of 2016, as it continues investment in the sports sector.

Organisers of the 2022 winter Olympic and Paralympic Games in the Chinese capital of Beijing will weigh up social sustainability risks before deciding on development projects for the showpiece event, according to a leading official from the country’s Communist Party.

China’s state broadcaster, CCTV, used to have a monopoly on sports-rights, but then quickly became seen as a dinosaur as new players emerged. Mark Dreyer ponders whether it is too early to write off the media giant.

German sportswear giant Adidas has entered into a partnership with Chinese conglomerate Dalian Wanda in a move designed to take advantage of the growing interest in sport and the fitness sector in the Asian country.

Ice hockey’s Kontinental Hockey League (KHL) has confirmed it will add a Beijing-based club next season as it seeks to compete against North America’s National Hockey League (NHL) in Asian markets

China has announced it will bid to stage a World Squash Federation (WSF) world championship event for the first time by putting forward Dalian in the Liaoning Province as a potential host for the 2018 Women's World Team Championship.

German Bundesliga football club Bayern Munich has moved to further enhance its global brand by opening a new office in Shanghai, China.

Chinese company Link International Sports has completed a takeover of Spanish Liga football club Granada.

The governing council of the FIS, the global governing body of skiing, has announced the hosts of the 2020 Ski Flying World Championships and the 2021 Freestyle & Snowboard, Nordic and Alpine showpieces.

The WME-IMG agency has today (Friday) made moves to further enhance its presence in China by establishing a joint venture with a consortium led by the Chinese division of US venture capital firm Sequoia Capital.