The Cleveland Cavaliers
The famous NBA team entered the league in 1970 thanks to the help of different sponsors. The Cleveland Cavalier kept growing as the years went by. In 2019, the NBA team started to receive overseas investors as well. They teamed up with Jianhua, a Chinese businessman who previously partnered with the New York Yankees and other American Sports team. According to reports, he has purchased a 15% stake in the NBA team. This also explains Lebron James’ large following in China.
The Cleveland Cavaliers
Riot Games Inc
Anyone who has heard or played the famous game called League of Legends is undoubtedly familiar with Riot Games. Released in 2009, the game grew a large following and is known to be the company’s best product. Despite working Tencent for quite some time already, their partnership reached their peak in 2015 after the Chinese company bought the rest of the stakes and turned into Riot Games’ parent company. Riot Games is said to be worth around $6 billion.
Riot Games Inc
