Business Intelligence

Aug 08, 2019 16:08
TEL AVIV, Israel: WSC Sports, the leader in AI-powered sports video content, announced Wednesday it has raised $23 million in Series C funding, bringing the company's total funding to $39 million. The new capital will be used to further expand WSC's growth across new sports, products and geographic regions.
Aug 08, 2019 16:08
MUMBAI: The Walt Disney Company, which Wednesday declared its third-quarter fiscal 2019 results, has disclosed that Star India posted an operating loss of $60 million due to an increase in media rights servicing costs related to the Indian Premier League (IPL) and ICC Cricket World Cup 2019.
Aug 07, 2019 18:08
BARCELONA: LaLiga giants FC Barcelona have signed a collaboration agreement with record company Sony Music for the next two seasons to promote the creation of entertainment experiences that combine music and sport.
Aug 07, 2019 17:08
BEAVERTON, Ore.: Nike, Inc. announced Tuesday it has acquired Celect, a leading retail predictive analytics and demand sensing firm based in Boston. Financial terms were not disclosed. Celect is Nike’s latest acquisition fueling its Consumer Direct Offense strategy, serving consumers personally at a global scale.
Aug 07, 2019 16:08
NEW YORK: Xtep International Holdings Ltd, the China-based sports company, closed its acquisition of E-Land Footwear USA Holdings Inc., the owner of the K-Swiss, Palladium, Supra, PLDM and KR3W brands for $260 million. South Korea’s E-Land World Ltd acquired K-Swiss and Palladium for $170 million in 2013 and subseqently added more brands through a Los Angeles-based subsidiary.
Aug 07, 2019 16:08
LONDON: Moonbug, a global entertainment company that develops and distributes entertainment for kids, Tuesday announced it has acquired popular South African video series and one of the largest circulating monthly comics in the world - Supa Strikas.
Aug 07, 2019 16:08
LOS ANGELES: The Fan-Controlled Football League (FCFL), the only professional American football league where fans call the shots, including the plays themselves in real-time, has announced legendary boxing champion Mike Tyson as the seventh team owner | fan captain to join the "owner's box".
Aug 06, 2019 15:08
DUBAI: Indian health and wellness start-up, cure.fit Healthcare Pvt Ltd, announced the launch of mind.fit at Shorooq Community Centre, Mirdif in Dubai. This will be the first international yoga studio for cure.fit that "integrates mindful yoga and meditation, with insights from modern psychology and science".
Aug 06, 2019 15:08
MUMBAI: Online fantasy gaming platform BalleBaazi has raised $4 million (approximately Rs280 million) in Series A funding round from two private equity funds based out of Singapore and Delhi.
Aug 05, 2019 18:08
MUMBAI: Sundar Raman, Reliance Industries Limited CEO - Sports Division, has stepped down from his executive role in RIL, but remains associated with the Mukesh Ambani controlled industrial conglomerate in an advisory capacity, Mumbai Mirror speculates.