Suning Sports is the sports arm of Suning's group of companies that aims to offer the best-in-class products and services to sports fans.
Suning Sports is the sports arm of Suning's group of companies that aims to offer the best-in-class products and services to sports fans. The company aims to harness resources and to develop an elite international sports group. Areas of expertise include Club Operation Management, Sports Media Operation, Youth Training, Sports Copyright Operation, Sports Commercial Operation, and Sports Real Estate Development. Suning Sports owns three football clubs: Jiangsu Suning Football Club, Jiangsu Suning Ladies Football Club, and F.C. Internazionale Milano. PP Sports, owned by Suning Sports, is the first sports media platform in China to own the exclusive copyrights of Europe's Big Five Football Leagues: the Premier League, La Liga, Serie A, Bundesliga, and Ligue 1. PP Sports also owns the copyrights of other major sports events such as CFA, CSL, AFC, and WWE.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jul 19, 2018 | Series A | $600M | 3 | Alibaba Group | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Alibaba Group | Yes | Series A |
SenseTime | — | Series A |
Sports Industrial Fund of Zhejiang Province | — | Series A |