{"id":21510,"date":"2023-08-25T10:34:00","date_gmt":"2023-08-25T10:34:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4193113_AE93113_0"},"modified":"2023-08-25T10:34:00","modified_gmt":"2023-08-25T10:34:00","slug":"the-east-asia-basketball-association-eaba-announces-strategic-partnership-with-pan-asia-vc-firm-gobi-partners-gba","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=21510","title":{"rendered":"The East Asia Basketball Association (EABA) announces strategic partnership with pan-Asia VC firm Gobi Partners GBA"},"content":{"rendered":"<p><span class=\"legendSpanClass\"><span class=\"xn-location\">HONG KONG<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Aug. 25, 2023<\/span><\/span> \/PRNewswire\/ &#8212; The East Asia Basketball Association (EABA) announces strategic partnership with VC firm Gobi Partners GBA to accelerate the formation of a new <span class=\"xn-location\">East Asia<\/span> professional basketball league headquartered in <span class=\"xn-location\">Hong Kong<\/span>.<\/p>\n<p>Gobi Partners GBA will advise the EABA with on-the-ground startup knowledge and provide financial support to &#8220;Project REAL&#8221;, the strategic initiative to establish a new pan-regional league under the EABA&#8217;s framework. Joint promotion of emerging sports-related technologies is also among the key aspects of this partnership.<\/p>\n<p>Starting in 2024, the new league plans to invite top clubs from Mainland China, <span class=\"xn-location\">Japan<\/span>, Korea, <span class=\"xn-location\">Mongolia<\/span>, <span class=\"xn-location\">Hong Kong<\/span>, <span class=\"xn-location\">Taiwan<\/span> and <span class=\"xn-location\">Macao<\/span> to compete at the highest level of club basketball in <span class=\"xn-location\">East Asia<\/span>.<\/p>\n<p>Founded in 2016, Gobi Partners GBA is part of the pan-Asia VC platform Gobi Partners. Gobi Partners GBA has invested in over 70 companies, in which it also exclusively manages the Alibaba-backed AEF GBA Fund.<\/p>\n<p>Mr. <span class=\"xn-person\">Chibo Tang<\/span>, Managing Partner of Gobi Partners GBA, said: &#8220;We believe Project REAL presents an unique opportunity for <span class=\"xn-location\">East Asia<\/span> basketball and Greater Bay Area can play a vital role in it. We are happy to endorse the initiative from early on to ensure its success.&#8221;<\/p>\n<p>Mr. <span class=\"xn-person\">Jay Li<\/span>, Head of Project REAL and Advisor to&nbsp;EABA President Mr. <span class=\"xn-person\">Yao Ming<\/span>, said: &#8220;It&#8217;s exciting to be able to bring on board Gobi Partners GBA as an institutional backer preparing for the inception of a new league. Thanks for their pioneering commitment to help further develop the sport of basketball in this region.&#8221;<\/p>\n<p><strong>About the East Asia Basketball Association (EABA)<br \/><\/strong>The East Asia Basketball Association (EABA) is one of six Sub-Zones of FIBA Asia. The EABA members include PR <span class=\"xn-location\">China<\/span>, <span class=\"xn-location\">Japan<\/span>, Korea, <span class=\"xn-location\">Mongolia<\/span>, Hong Kong SAR, Macau SAR, and Chinese Taipei. The current EABA President is Mr. <span class=\"xn-person\">Yao Ming<\/span>.<\/p>\n<p><strong>About Project REAL<br \/><\/strong>Project Real is a strategic initiative under the framework of the East Asia Basketball Association. REAL&#8217;s purpose is to evaluate the status of current international club basketball competition in the region and to come up with an actionable plan for a new, pan-regional league to be rolled out in 2024.<\/p>\n<p><strong>About Gobi Partners GBA (Gobi GBA)<br \/><\/strong>Gobi Partners GBA (Gobi GBA) was established in 2016 as a part of the leading Pan-Asian venture capital platform Gobi Partners. Gobi GBA is the sole general partner (GP) of the Alibaba Hong Kong Entrepreneurs Fund (AEF) as well as the AEF Greater Bay Area Fund (AEF GBA Fund), and has formed strategic partnerships with other renowned financial institutions such as HSBC and Hang Seng Bank.<\/p>\n<p>As of 2022, Gobi GBA has invested in over 70 start-ups across the Greater Bay Area, and has fostered the growth of 7 unicorns including Airwallex, Amber, Animoca Brands, GoGoX, Prenetics, and more.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HONG KONG, Aug. 25, 2023 \/PRNewswire\/ &#8212; The East Asia Basketball Association (EABA) announces strategic partnership with VC firm Gobi Partners GBA to accelerate the formation of a new East Asia professional basketball league headquartered in Hong Kong. Gobi Partners GBA will advise the EABA with on-the-ground startup knowledge and provide financial support to &#8220;Project [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-21510","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The East Asia Basketball Association (EABA) announces strategic partnership with pan-Asia VC firm Gobi Partners GBA - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=21510\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The East Asia Basketball Association (EABA) announces strategic partnership with pan-Asia VC firm Gobi Partners GBA - My Blog\" \/>\n<meta property=\"og:description\" content=\"HONG KONG, Aug. 25, 2023 \/PRNewswire\/ &#8212; The East Asia Basketball Association (EABA) announces strategic partnership with VC firm Gobi Partners GBA to accelerate the formation of a new East Asia professional basketball league headquartered in Hong Kong. Gobi Partners GBA will advise the EABA with on-the-ground startup knowledge and provide financial support to &#8220;Project [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/transmediavictoria.net.au\/?p=21510\" \/>\n<meta property=\"og:site_name\" content=\"My Blog\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-25T10:34:00+00:00\" \/>\n<meta name=\"author\" content=\"admin_tony\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin_tony\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=21510#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=21510\"},\"author\":{\"name\":\"admin_tony\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#\\\/schema\\\/person\\\/5b51d407d652c0aa802bea269ea5d7e7\"},\"headline\":\"The East Asia Basketball Association (EABA) announces strategic partnership with pan-Asia VC firm Gobi Partners GBA\",\"datePublished\":\"2023-08-25T10:34:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=21510\"},\"wordCount\":467,\"articleSection\":[\"Business News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=21510\",\"url\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=21510\",\"name\":\"The East Asia Basketball Association (EABA) announces strategic partnership with pan-Asia VC firm Gobi Partners GBA - My Blog\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#website\"},\"datePublished\":\"2023-08-25T10:34:00+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#\\\/schema\\\/person\\\/5b51d407d652c0aa802bea269ea5d7e7\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=21510#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=21510\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=21510#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/transmediavictoria.net.au\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The East Asia Basketball Association (EABA) announces strategic partnership with pan-Asia VC firm Gobi Partners GBA\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#website\",\"url\":\"https:\\\/\\\/transmediavictoria.net.au\\\/\",\"name\":\"My Blog\",\"description\":\"My WordPress Blog\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#\\\/schema\\\/person\\\/5b51d407d652c0aa802bea269ea5d7e7\",\"name\":\"admin_tony\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g\",\"caption\":\"admin_tony\"},\"url\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?author=8\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The East Asia Basketball Association (EABA) announces strategic partnership with pan-Asia VC firm Gobi Partners GBA - My Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/transmediavictoria.net.au\/?p=21510","og_locale":"en_US","og_type":"article","og_title":"The East Asia Basketball Association (EABA) announces strategic partnership with pan-Asia VC firm Gobi Partners GBA - My Blog","og_description":"HONG KONG, Aug. 25, 2023 \/PRNewswire\/ &#8212; The East Asia Basketball Association (EABA) announces strategic partnership with VC firm Gobi Partners GBA to accelerate the formation of a new East Asia professional basketball league headquartered in Hong Kong. Gobi Partners GBA will advise the EABA with on-the-ground startup knowledge and provide financial support to &#8220;Project [&hellip;]","og_url":"https:\/\/transmediavictoria.net.au\/?p=21510","og_site_name":"My Blog","article_published_time":"2023-08-25T10:34:00+00:00","author":"admin_tony","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin_tony","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/transmediavictoria.net.au\/?p=21510#article","isPartOf":{"@id":"https:\/\/transmediavictoria.net.au\/?p=21510"},"author":{"name":"admin_tony","@id":"https:\/\/transmediavictoria.net.au\/#\/schema\/person\/5b51d407d652c0aa802bea269ea5d7e7"},"headline":"The East Asia Basketball Association (EABA) announces strategic partnership with pan-Asia VC firm Gobi Partners GBA","datePublished":"2023-08-25T10:34:00+00:00","mainEntityOfPage":{"@id":"https:\/\/transmediavictoria.net.au\/?p=21510"},"wordCount":467,"articleSection":["Business News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/transmediavictoria.net.au\/?p=21510","url":"https:\/\/transmediavictoria.net.au\/?p=21510","name":"The East Asia Basketball Association (EABA) announces strategic partnership with pan-Asia VC firm Gobi Partners GBA - My Blog","isPartOf":{"@id":"https:\/\/transmediavictoria.net.au\/#website"},"datePublished":"2023-08-25T10:34:00+00:00","author":{"@id":"https:\/\/transmediavictoria.net.au\/#\/schema\/person\/5b51d407d652c0aa802bea269ea5d7e7"},"breadcrumb":{"@id":"https:\/\/transmediavictoria.net.au\/?p=21510#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/transmediavictoria.net.au\/?p=21510"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/transmediavictoria.net.au\/?p=21510#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/transmediavictoria.net.au\/"},{"@type":"ListItem","position":2,"name":"The East Asia Basketball Association (EABA) announces strategic partnership with pan-Asia VC firm Gobi Partners GBA"}]},{"@type":"WebSite","@id":"https:\/\/transmediavictoria.net.au\/#website","url":"https:\/\/transmediavictoria.net.au\/","name":"My Blog","description":"My WordPress Blog","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/transmediavictoria.net.au\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/transmediavictoria.net.au\/#\/schema\/person\/5b51d407d652c0aa802bea269ea5d7e7","name":"admin_tony","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g","caption":"admin_tony"},"url":"https:\/\/transmediavictoria.net.au\/?author=8"}]}},"_links":{"self":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/posts\/21510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21510"}],"version-history":[{"count":0,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/posts\/21510\/revisions"}],"wp:attachment":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}