Chinese Sport Investors

eWTP Technology & Innovation Fund, the global investment arm of the Alibaba Group and other investors invest $12 million in Challengermode, a Swedish eSports startup.

launched in 2014 Challengermode allows players to find, create, and compete in online tournaments. It has partnerships with the digital festival DreamHack and global football organization FIFA. Other investors includes Telia Ventures, GP Bullhound, Back in Black Capital and Swedish soccer legend Zlatan Ibrahimovic.

(eWTP Technology & Innovation Fund, also known as eWTP Fund, focuses on development of businesses and technological innovation. From May 2019, eWTP Fund has made 4 public investments.)

To see a listing and email addresses of investors from China similar to eWTP Fund, check the Chinese Investors Directory.

Dalian Wanda, the Chinese conglomerate with more than $85 billion assets under control, has acquired US-based World Triathlon Corp (WTC), organizer of 91% of Triathlon events in the world, for $650 million.

World Triathlon Corp is headquartered in Tampa, Florida USA and is the world's largest operator of Ironman events and the most well-known Ironman brand. Having been in the business for 37 years, World Triathlon accounts for 91% of the global marketshare for long-distance triathlon events and operates 250 events annually worldwide. Officially included in the Olympic Games, triathlons are comprised of three disciplines, swimming, cycling, and running, completed in succession.

(Founded in 1988 and operating in four major areas - commercial property, luxury hotels, culture & tourism, and department stores, Dalian Wanda Group has annual income of around $38 billion).

Dalian Wanda is listed in the Chinese Private Equity and Venture Capital Directory with the code
MA421.

More details follows

Hong Kong firm Tech Pro Technology Development has announced acquiring football club Sochaux from Peugeot for $8 million.

Last year Peugeot announced plans to sell the football club to concentrate on auto racing clubs. Sochaux football club was created by the Peugeot family in 1928 and spent a record 66 seasons in the French first division. (Tech Pro just grabs the opportunity to use the historical image of the club and to build a company brand name in the European market).

To see a list of investors from China similar to Tech Pro Technology Development, check the Chinese Investors Directory

More details follows