Yao Ming’s Private Equity Fund Invests In Kickboxing Firm Glory Sports

yao-mingYao Capital, a RMB2 billion private equity firm founded by former NBA superstar Yao Ming, has led an undisclosed series B financing round in Glory Sports International (GSI) and acquired a significant stake in the company, according to a company announcement. Cable television and broadband company Liberty Global, Twin Focus Capital and other existing investors […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Read the original article: China Money Network