Investments

DALLAS, TX: Pickleball, billed as America’s fastest-growing sport, is going after a new frontier - India. The United Pickleball Association (UPA), which was created after a merger between Major League Pickleball and the Professional Pickleball Association in the US last February, and India-based Global Sports have inked a deal to bring the PPA Tour and Major League Pickleball to the country.

As a part of the partnership, the organizations will launch key initiatives to the country, promoting the rapidly-growing sport to a young market. 

Jul 14, 2021 20:07
LONDON: The iconic name of Alfa Romeo will remain in Formula 1 beyond this season, after the famous Italian marque announced a multi-year agreement with Sauber which will have “yearly assessments”…
Jul 08, 2021 19:07
BEIJING: Endeavor China, subsidiary of a global entertainment, sports and content company Endeavor, Thursday announced the acquisition of Mailman Group. The move signals the company’s continued commitment to servicing clients in China, Asia-Pacific, and beyond looking to excel in the world of sports marketing. 
Jul 07, 2021 20:07
HONG KONG: UFC, the world’s premier mixed martial arts organization, and Crypto.com Wednesday announced a long-term partnership that represents the crypto platform’s latest strategic move to connect with mainstream consumers.
Jul 07, 2021 17:07
MUMBAI: Rhiti Group and Kanodia Group announced a partnership to launch the ‘Deep Pockets Capital Venture LLP’ Wednesday in India to fund, incubate and help budding entrepreneurs "transform their dreams into reality".
Jul 01, 2021 22:07
NEW YORK: Buzzer, an OTT live-sports streaming service, Thursday announced the successful close of a $20 million Series A financing. 
Jul 01, 2021 19:07
MUMBAI: Online gaming platform Mobile Premier League is entering the US market with the official launch of the MPL app. The company has opened an office in New York, marking its second international foray after Indonesia. 
Jun 28, 2021 16:06
MUMBAI: Homegrown game streaming platform Loco Monday announced that it has secured $9 million for its first round of fundraising as an independent company. 
Jun 25, 2021 18:06
LONDON: The all-female W Series is finalising plans to move to a team-based championship from 2022 and beyond, fulfilling a key development strategy planned since inception.
Jun 25, 2021 16:06
NEW YORK: Global advertising spending is forecast to grow by $78bn in 2021 (+14%) to $657 billion, a new all-time high, following a decline of -2.5% in 2020. The marketplace will continue to grow in 2022 (+7%).
Jun 24, 2021 20:06
REDWOOD CITY, Calif.: Electronic Arts and WarnerMedia Thursday announced the sale of Warner Bros. Games’ Playdemic, Ltd., the mobile games studio responsible for Golf Clash,to EA. Under the terms of the agreement, EA will acquire Playdemic for $1.4 billion in cash.