QIA Is Said to Join $50 Million Funding Round for UFC Rival Group One [Yahoo! Finance]
Endeavor Group Holdings, Inc. Class A (EDR)
Last endeavor group holdings, inc. class a earnings: 4/30 06:00 am
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Source: Yahoo! Finance
Most Read from Bloomberg The round gives Group One a valuation of at least $1.35 billion, one of the people said. That is similar to the post-money valuation from a previous round in 2021, which QIA led with Guggenheim Investments. A representative for Group One confirmed the latest fundraising round, but declined to comment on the amount or other details. QIA declined to comment. Group One, a rival of Endeavor Group Holdings Inc.'s Ultimate Fighting Championship, agreed a multiyear partnership with Qatar's BeIN Media Group in 2022 to broadcast events across the Middle East and North Africa. It signed another with Amazon.com Inc.'s Prime Video to show at least a dozen events annually in the US and Canada. “The company is on the verge of profitability after a decade of investing in the global brand, live events, world-class athlete roster and broadcast partnerships,” said Hua Fung Teh, co-founder and president of Group One. The company has been considering an initial public
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EDR
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- 11/7/24 - Miss
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- 11/21/24 - Form 8-K
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- EDR's page on the SEC website