TZ Sports announced that it had closed its A+ round financing led by Yao Capital. TZ Sports provides sports fans with an online daily fantasy sports gaming platform officially licensed by sports leagues.
GLORY46 Guangzhou press conference was held at Guangzhou W Hotel. 50+ media, together with combat stars and major industry players attended the press conference. UFC veteran Antônio "Bigfoot" Silva signed with GLORY, and was scheduled to debut at the upcoming GLORY 46 SuperFight Series against the heavyweight world champion Rico Verhoeven. The grand opening of GLORY 46 Guangzhou will take place on 14th October.
The first Annual General Meeting of Yao Capital was held in Hangzhou, Zhejiang Province. All LPs / LP representatives attended the meeting. Mr. David Han, co-founder & CEO of Yao Capital presented a detailed report on fund investments and operations.
Mr. David Han, Mr. Erik Zhang and Mr. Hong Quan, managing partners of Yao Capital, were interviewed by The University of Chicago Booth Business School. As excellent alumni representatives, they introduced the origin and development of Yao Capital and talked about stories between Yao Capital and Chicago Booth. Mr. David Han is the cover of the spring special issue of Booth Business School magazine.
Yao Capital has officially become a shareholder of Formula E. FE is an young and fast growing international electric car racing championship. As its green and edgy characters, it attracts attentions from the major metropolises and the crowds across the world, especially among young groups. The major shareholder of FE is Liberty Global who had previously co-invested with Yao Capital in GLORY Sports.
Yao Capital and Liberty Global Conclude Strategic Investment in GLORY Glory Sports International (GSI), parent company of the world’s premier kickboxing league, today announced that private equity firm Yao Capital has acquired a significant strategic stake in the organization.
On September 09, 2016, the former NBA star and China’s national icon, Yao Ming enters Hall of Fame as global ambassador of basketball in Springfield, Mass. He is the first Chinese ever in the history induced into Naismith Memorial Basketball Hall of Fame. The 2016 Hall of Fame class includes Yao Ming, Shaquille O'Neal, Tom Izzo , Allen Iverson and all the other greats.
WorldLand, a China A-share listed company announced its investment in Yao Capital. It highly appreciates Yao Capital’s professional investment ability and industry resources and has strong confidence to work along with Yao Capital in sports industry investment.
Weisai, a web-based sports consuming platform confirms its completion of round A financing from CMC, Tencent, Yao Capital, etc.