It’s looking to raise an additional $30 million to $50 million.Įast Asia Super League signed a 10-year deal with FIBA last year for an annual cross-region league similar to soccer’s UEFA Champions League. The funding puts Asia League at a $100 million valuation. Top teams from the China Basketball Association, an organization chaired by former Houston Rockets star Yao Ming, are expected to join. The basketball league will consist of eight teams from China, Japan, Korea, and the Philippines. Kirby Lee-USA TODAY Sports/Design: Alex BrooksĪsia League Holdings announced a $13 million funding round from a group of investors including Baron Davis, Metta Sandiford-Artest, Shane Battier, and investment firm Raine Group to launch the East Asia Super League. In its filing to the Appeals court, the company wrote that if the initial ruling goes through, “the App Store will have to be reconfigured - to the detriment of consumers, developers, and Apple itself.”įormer NBA Stars Back $100M East Asia Super League The judge denied Apple’s request for a stay on the mandate to allow external links in November. Judge Gonzalez Rogers estimated the mobile gaming marketplace at $100 billion in her September ruling.Įpic Games and Apple appealed the ruling.Around two-thirds of that sum – $13.5 billion – came from gaming in 2020.The App Store earns around $19 billion per year, primarily through a 30% fee charged to developers on user in-app purchases.Apple is asking the Appeals court to act by Dec. 10 but determined that the company would have to allow apps in its App Store to provide links to external stores and sites. Judge Yvonne Gonzalez Rogers ruled in Apple’s favor on nine out of 10 claims on Sept.
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Court of Appeals in the Ninth Circuit, seeking to block a ruling in its trial against Epic Games. The Cupertino-based company filed with the U.S. Apple Appeals Mandate Allowing External Links in App StoreĪpple is making a final push to block court-mandated changes that could sharply cut into its App Store revenue.