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Searching for "online sports"
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Alibaba's Sports Business to Raise RMB 1.2 Bln in Series A Funding
Tencent Finance, 4/10/17
Alibaba Sports, a subsidiary of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), recently confirmed that it has begun soliciting Series A funding, and that it is looking to sell a 15% equity stake to raise RMB 1.235 bln at an RMB 7 bln valuation. Read More
POS Terminal Manufacturer Xinguodu to Acquire Gaming Firm Fantexi
Shenzhen Stock Exchange, 2/21/14
Shenzhen-based POS terminal manufacturer and e-payment solutions provider Xinguodu (300130.SZ) has announced the acquisition of a 100% stake in Shenzhen-based online game developer and operator Fantexi for a combined RMB 840 mln in cash and stock. Read More
Rumor: Online Lottery Operator E-Sun Sky to List in US
China Business News, 8/13/13
According to an industry insider, Shenzhen E-Sun Sky Network Co., Ltd, operator of online lottery sites 500wan.com and 500.com, will soon list on a US stock exchange, with investment banks Deutsche Bank and Stifel Nicolaus acting as the lead underwriters in the potential USD 150 mln deal. Read More
The9 Kicks Football Game to Shanghai Team
17173.com, 9/23/08
Online game developer and operator The9 (Nasdaq: NCTY) has decided to have its Shanghai operations team operate the online sports game FIFA Online 2, which had previously been managed by The9's Beijing subsidiary. Read More
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