Home Sports Michael Jordan raises stake in sports activities playing knowledge firm Sportradar

Michael Jordan raises stake in sports activities playing knowledge firm Sportradar

0
Michael Jordan raises stake in sports activities playing knowledge firm Sportradar

[ad_1]

Former basketball great Michael Jordan delivers a speech as he attends a party celebrating the 30th anniversary of the Air Jordan shoe line in Paris, France June 12, 2015.   REUTERS/Gonzalo Fuentes

Basketball nice Michael Jordan delivers a speech as he attends a celebration celebrating the thirtieth anniversary of the Air Jordan shoe line in Paris, France June 12, 2015. (REUTERS)

Basketball nice Michael Jordan will enhance his funding in Sportradar Group AG and can function a particular adviser to the corporate’s board, the sports activities playing knowledge firm stated on Monday.

The corporate’s shares rose 3.4% in prolonged buying and selling.

Switzerland-based Sportradar went public final week through the preliminary public provide route after abandoning plans for a merger with a particular objective acquisition firm earlier this yr.

The corporate didn’t present particulars concerning Jordan’s elevated stake however stated his advisory duties will revolve across the U.S. market, product growth and advertising actions.

Jordan, a six-time NBA champion with the Chicago Bulls within the Nineteen Nineties, was an early investor in Sportradar. He additionally joined sports-betting agency DraftKings as a particular adviser in September final yr.

Sportradar offers software program, knowledge and content material by means of subscription and income share preparations to sports activities leagues, betting operators and media corporations. Its prospects embody DraftKings, Twitter and ESPN.

gsg

Get the most popular sports activities information straight into your inbox

Learn Subsequent

Do not miss out on the most recent information and data.

Subscribe to INQUIRER PLUS to get entry to The Philippine Each day Inquirer & different 70+ titles, share as much as 5 devices, take heed to the information, obtain as early as 4am & share articles on social media. Name 896 6000.

For suggestions, complaints, or inquiries, contact us.


[ad_2]

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here