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Growth of Combat Sports Presents a Compelling Opportunity for Investors

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5 months ago

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–News Direct–

An estimated 640 million people are dedicated fans of Mixed Martial Arts, signaling that the popularity of the sport is at an all-time high across the globe.

According to a report from TechSci Research, the global combat sports market has experienced significant expansion on the backdrop of rising global interest in fitness, coupled with the widespread adoption of combat sports as a means of physical exercise as consumers are increasingly recognizing the health benefits and mental discipline associated with these activities.

Going forward, the market is set to experience robust growth, growing from $8.7 billion in 2023 to about $12.6 billion by 2029, representing a CAGR of 6.5%. For investors looking for a way to capitalize on the growing popularity of combat sports, little known Alta Global Group (NYSE:MMA) and TKO Group Holdings (NYSE:TKO) should be added to their watchlist.

Alta Global Group (NYSE:MMA) is a technology company that is enabling the global martial arts and combat sports industry to maximize the monetization opportunities available to the sector by increasing consumer participation in the sport.

Think of it this way:

As the fanbase for combat sports has risen over recent years, so too has the level of consumer interest in how to get fit, train, and get into shape like a professional fighter. Whether it's women thinking about self-defense or kids dealing with bullying, more and more people have been looking into learning more about the various sports comprised in mixed martial arts. For example, the growth in participation in jiu jitsu has been soaring globally.

With this huge growth in the combat sports fan base and increasing investor interest, Alta believes that the next phase of growth for the sector will involve transitioning fans from just strictly viewership to real interest in participation.

That is why the company has developed digital solutions that bring together the whole MMA communityfans, participants, gym operators, and coaches in order to drive more participation.

This unique idea has received significant consumer validation, as illustrated by the fact that Alta Global Group (NYSE:MMA) has already amassed a substantial user base and strong user engagement of about 15 million monthly views and over 5 million social media users. It also currently ranks in the top 3 for MMA in global search results.

Taking that into consideration, Altas value proposition is simple. It aids in the digital transformation of a sector where small businesses and owner-operators predominate. They can benefit enormously from a partner like Alta, who will give them a really high level of visibility in a digital sense and the ability to connect them with their underlying fans. In recent days, Alta announced its acquisition of a subscription based mobile marketing platform Hype, which they believe will provide an invaluable digital tool for their gym partners to connect and engage with members, and grow revenue more cost effectively.

So far, Alta has signed partnership agreements across a large global inventory of gyms, which it will work with to help get fans of mixed martial arts on the mat, training in their gyms and academies. Those agreements include a relationship with UFC Gym Group, which has close to 200 locations globally, to roll out Altas training within those gyms. The company has been aggressively growing its published gym footprint.

The company has built a huge database of 9870+ professional and amateur athlete profiles, 5645+ potential content creator profiles and 3500+ tutorial libraries. Alta Global Group (NYSE:MMA) will provide marketing content, training syllabus for gyms and coaches, and connect the underlying fans to an opportunity to train either online or inside a gym at one of the companys gym partners globally.

This is a win-win deal for everyone in the ecosystem, as fans interested in participating in the sport can be easily matched up with a coach and gym.

And Alta controls the whole payment experience, so when the company charges a customer a monthly subscription to train with the coaches in one of its programs in a gym, the company collects 100% of the payments. It then keeps its split and pays the gym the residuals, meaning that the gyms don't have to go through the hassle of onboarding the customer, chasing the money, collecting it, reconciling the payments, etc.

Alta monetizing in a way that the UFC and other large professional promotions don't presently do, which is through fan base participation, could make it a very attractive company in the eyes of these much larger companies down the line. In fact, the way Alta Global Group (NYSE:MMA) makes money is completely complementary to how other players in the sector make their money and it doesn't have any crossover or cannibalization. That means that in the coming years, as Alta scales up, the partnership with UFC gym will have the opportunity to continue growing.

Thanks to its first mover advantage in aggregate participation in the MMA sector at a grass-root level, the opportunity for Alta is massive.

To put it in better context, there are over 45,000 martial arts academies in North America alone, with some estimates suggesting that Americans are spending about $30 billion a year on training and martial arts. With the sector growing at double digits and participation growth surging, some analysts predict that the US will have 67,000 martial arts academies by the end of 2025, which bodes extremely well for Alta.

Alta Global Group (NYSE:MMA) has built iconic partnerships with the most exciting and respected identities in MMA who amplify its brand and drive platform adoption. In fact, the company recently announced that five-time MMA world champion Conor McGregor had invested in Alta, whilst Conor voiced his support for the Alta Warrior Training Program through social media. Other Alta Ambassadors connected to the UFC include former 2-division Champion Daniel Cormier and Laura Sanko. At the moment, the companys high profile brand ambassadors and investors have a reach of 60 million+ social media followers, allowing it to generate even more hype and reach more cost effectively.

TKO Group Holdings, Inc. (NYSE:TKO) had a solid start in 2024 with strong performance across both UFC and WWE. Coming off a record 2023 for both businesses in terms of revenue and profitability, the company continued to deliver through the first quarter. From our perspective, the health of the combat sports sector is overwhelmingly driven by the most dominant player, which is the UFC, and it is doing extremely well.

The Endeavor-controlled company, which owns the UFC and WWE, reported revenue of $629.7 million, with a net loss of $249.5 million and adjusted EBITDA of $282.2 million. The company also raised its guidance for the year to up to $2.685 billion in revenue, and adjusted EBITDA to up to $1.205 billion. The loss was attributable to the $335 million UFC settlement from March.

Unsurprisingly, the UFC saw its live events, sponsorships, and consumer products segments rise, with media rights down slightly due to one less numbered event. Most notably, the company secured a landmark global deal for WWE with Netflix and renewed UFC rights in multiple international markets, and UFC 300 became one of the highest grossing events in UFC history.

During the quarter, the company also announced that Tourism Western Australia entered a multi-year partnership for UFC to return to Perth with at least two events, including the UFC 305 pay-per-view in August and one additional Fight Night in subsequent years.

Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained by Alta Global Group to assist in the production and distribution of content related to MMA. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content.

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Mark McKelvie

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View source version on newsdirect.com: https://newsdirect.com/news/growth-of-combat-sports-presents-a-compelling-opportunity-for-investors-883252442

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Press Release

TycheTools Advances at the Extreme Tech SemiAI Cup

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42 mins ago

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October 25, 2024

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TycheTools is thrilled to announce that we have advanced in evaluations for the Extreme Tech Challenge Semiconductors and AI Startup Cup, sponsored by ARM and Hon Hai Technology Group (“Foxconn”). Competing in the special category for advances in Data Center Efficiency, TycheTools is driving crucial innovations to reduce the environmental impact of data centers.  

“The Extreme Tech Challenge is an incredible opportunity to connect with tech leaders and venture capitalists,” says Cristina Chu, CEO of TycheTools. “I’m excited to return to San Francisco to be part of an event that celebrates innovations in AI and sustainability. We believe in the power of technology to create a better future. Advancing in this competition is a major milestone on our journey.”

Michael O’Keeffe, Senior Vice President of Global Services at Vertiv, highlighted their collaboration with TycheTools: “Our pilot at a major telecommunications provider’s data center in Madrid demonstrated the power of TycheTools’ hybrid AI cooling control. During the peak of the Madrid summer, their solution delivered significant energy savings, improved thermal stability, and gave operators greater control—all within hours of deployment.”

TycheTools CTO and founder, Jose Manuel Moya, will be attending the announcement of finalists with Cristina at Salesforce Tower on October 28th. “Tyche,” adds Cristina, “is taking the lead on machine learning to optimize thermal environments and control cooling holistically in data centers. We’re ready to scale these solutions globally and help shape the future of sustainable data center operations.” 

About Extreme Tech Challenge (XTC) 

Founded by legendary Silicon Valley venture capitalists Young Sohn and Bill Tai, XTC is the world’s largest platform to accelerate startups addressing the UN Sustainable Development Goals. XTC provides exceptional founders the potential for global visibility, venture investment, corporate collaborations, and world-class mentorship. Since 2015, XTC finalists have raised $4.4B+ in investment capital. For more information, and for the latest news and content from XTC, visit extremetechchallenge.org 

About Vertiv 

Vertiv (NYSE: VRT) brings together hardware, software, analytics and ongoing services to enable its customers’ vital applications to run continuously, perform optimally and grow with their business needs. Vertiv solves the most important challenges facing today’s data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Headquartered in Westerville, Ohio, USA, Vertiv does business in more than 130 countries. For more information, and for the latest news and content from Vertiv, visit Vertiv.com. 

About TycheTools 

TycheTools brings together hardware, software, analytics and artificial intelligence to enable customers to automate their cooling systems, saving energy while optimizing performance. TycheTools solves the most important challenges facing today’s data center operators, whether they run a colocation, enterprise or hyperscale facility.  Our smart software manages cooling systems, so operators can deliver the tightest control to their customers and get their weekends back.  For more information, visit TycheTools.com 

Media Contact:
Company Name: TycheTools
Contact Person: Ken Dubin
Email: ken.dubin@tychetools.com
Country: Spain
Website: https://tychetools.com/

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Press Release

GS Holdings to Acquire Integrated Beverage Solutions Group, Octopus Distribution Networks, for S$11.8 Million

Published

42 mins ago

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October 25, 2024

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Accretive acquisition that is synergistic to the Group’s business model and expected to yield significant opportunities and additional financial benefits. Bringing a wealth of expertise and talent that enhances the Group’s leadership and experience in the F&B industry. The Group recently completed a rights issue that was oversubscribed with net proceeds of S$8.4 million raised for future expansion and working capital.

On the left: Independent and Non-Executive Chairman of GS Holdings Limited, Mr Irwin Lim

On the right: Founder and Chairman of Octopus Distribution Networks Pte. Ltd., Dato Elaine Teh

SINGAPORE, 23 October 2024 – GS Holdings Limited (“GS Holdings” or the “Company” or “伟盛有限公司” and together with its subsidiaries, the “Group”), is pleased to announce that the Group has signed a binding agreement to acquire Octopus Distribution Networks Pte. Ltd. (“Octopus Distribution Networks”), a Singapore-based integrated beverage solutions group, for a purchase consideration of S$11.8 million.

GS Holdings’ Independent and Non-Executive Chairman, Mr Irwin Lim Kee Way, said, “We are pleased to announce the acquisition of Octopus Distribution Networks, which provides the Group with immediate access to new customer base and operating scale within the beverage sector in Singapore’s F&B industry.

Led by Dato’ Elaine Teh, the team at Octopus Distribution Networks has built an exceptional business enterprise that is dedicated to operational excellence and customers satisfaction for over 13 years.

With fully in-place infrastructure, including personnel and distribution networks, Octopus Distribution Networks has differentiated itself with unique value propositions and a strong base of customers, and we believe that there are significant opportunities for growth in existing and new markets.

I trust this next step in our journey together will be incredibly positive for the Group.”

Octopus Distribution Networks’ Founder and Chairman, Dato’ Elaine Teh, added, “Today’s announcement marks a major step forward in our growth ambitions within the region’s F&B industry.

With the combined expertise, experience and resources, we will continue to build strong relationships with our customers and delivering value that consistently exceed expectations.

Together with GS Holdings, we are excited about accelerating the growth of our businesses and delivering results for years to come.”

Accretive acquisition that is synergistic to the Group’s business model and expected to yield significant opportunities and additional financial benefits

Founded in 2011 by serial entrepreneur Dato’ Elaine Teh Chooi Peng (“Dato’ Elaine Teh”), Octopus Distribution Networks has grown to become one of the leading integrated beverage solutions group in Singapore, providing a “one-stop” solutions hub, in the area of brand management, import, export, distribution, logistics and warehousing of alcoholic and non-alcoholic beverages and liquor, for both customers and beverage brand owners.

For customers, Octopus Distribution Networks represents an extensive portfolio of globally recognised beverage brands with various exclusive distribution rights. Currently, Octopus Distribution Networks has a product portfolio of more than 1,500 SKUs across approximately 200 beverage brands from 50 global brand owners. Octopus Distribution Networks also provides customised services that cater to the demands of both corporate and individual clients.

For beverage brand owners, Octopus Distribution Networks has become a trusted partner and a preferred beverage distributor in Singapore with a comprehensive distribution network comprising strategic distribution centres and third-party wholesalers in Singapore. With a deep understanding of the Singapore market, Octopus Distribution Networks also provides other value-added services, including market expansion strategies and customer engagement solutions, that aims to enable brand owners to quickly build brand loyalty and market share in Singapore.

Bringing a wealth of expertise and talent that enhances the Group’s leadership and experience in the F&B industry

Under the acquisition agreement, Dato’ Elaine Teh will become a controlling shareholder of GS Holdings and it will also bring on a professional management team with 80 years of collective experience in the beverage distribution industry to the Group.

Dato’ Elaine Teh is a serial entrepreneur with an accomplished business track record in various business ventures in Singapore, Malaysia and Australia.

Besides her current role as Founder and Executive Chairman of Octopus Distribution Networks, Dato’ Elaine Teh also holds multiple executive-level roles in various companies in different countries.

She is a Non-Executive Director of ASX-listed Australian Vintage Ltd, a leading Australian wine and drinks company, where their diversity of regions, broad portfolio of global brands, production capabilities and established winemaking pedigree have resulted in its brands being recognised and available in over 40 countries. Dato’ Elaine Teh is also the Founder & Executive Chairman of Etagreen Group in Malaysia, which is the owner and operator of a zero-waste biomass power plant in Perak, Malaysia, with assets of more than RM140 million.

In addition to her business roles, Dato’ Elaine Teh is actively involved in various business councils that nurture women entrepreneurs, promote gender diversity and inclusion, develop greater business collaborations and engagement with government agencies. Philanthropy is also something Dato’ Elaine Teh holds close to her heart, and she has generously facilitated several community building causes and initiatives across Southeast Asia with her time and resources.

Supporting Dato’ Elaine Teh as part her management team at Octopus Distribution Networks is Managing Director, Mr Matthew Ruscoe, who has been a trailblazer in Asia’s F&B and marketing industry for more than 12 years. With deep industry experience and strong regional network from his previous roles as the Regional Sales Director of Kerry Group and the Sales Director of Carlsberg Myanmar, Matthew undertakes a pivotal role in managing Octopus Distribution Networks’ marketing activities, supply chain operations and driving its strategic initiatives forward.

None of the Directors or substantial shareholders of the Company, as well as their respective associates, has any direct or indirect interest in the transaction stated here, other than through their respective shareholdings (if any) in the Company.

About GS Holdings Limited

(Bloomberg Code: GSHL:SP / Reuters Code: GSHO.SI / SGX Code: 43A)

GS Holdings Limited (“GS Holdings”) was incorporated in Singapore on 19 September 2014 and listed on Catalist on 18 January 2016.

With an aim to diversify its business model and create additional streams of income, GS Holdings has expanded into various business ventures in the food and beverage (“F&B”) industry. To harness its growth opportunities, GS Holdings is looking to further expand its brand presence across Asia and beyond via new franchising, licensing and distribution models.

For more information, please visit https://gsholdings.com.sg/.

This press release is to be read in conjunction with the Company’s announcement released on 23 October 2024, which can be downloaded via www.sgx.com.

Issued on behalf of GS Holdings Limited by 8PR Asia Pte Ltd.

Media Contact:
Company Name: 8PR
Contact Person: Alex Tan
Email: alex.tan@8prasia.com
Country: Singapore
Website: https://gsholdings.com.sg/

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Press Release

Shared Pets LLC Launches Revolutionary High-Tech Products to Enhance Pet Care Experience

Published

8 hours ago

on

October 24, 2024

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United States, 24th Oct 2024 – Shared Pets LLC, a leading innovator in the pet care industry, is excited to announce the launch of its latest line of smart, high-tech products designed to improve the lives of pets and their owners. Focused on merging advanced technology with pet care, Shared Pets LLC is committed to creating solutions that offer convenience, entertainment, and health benefits for pets and their families.

The company’s mission is clear: to enrich the bond between pets and their owners by offering innovative products that simplify daily care routines and enhance the quality of life for both. Each product in Shared Pets LLC’s collection is designed with the modern pet parent in mind, combining technology and functionality to make pet ownership more enjoyable and hassle-free.

A Vision for Enriching Pet Lives

Shared Pets LLC strives to bring the latest advancements in technology to the pet care sector, ensuring pets receive the best care possible while strengthening the connection between pets and their families. The company meticulously designs and selects its product range to meet the highest standards of quality, innovation, and usability. From smart feeders to health monitoring devices, Shared Pets LLC aims to make every moment spent with pets more rewarding.

“Our mission is to provide pet owners with high-tech solutions that improve their daily interactions with their pets,” a spokesperson for Shared Pets LLC shared. “We recognize the deep bond between pets and their families, and we want to support that relationship with products that offer both practical benefits and joy.”

Innovative Product Offerings for Modern Pet Owners

Shared Pets LLC’s product line includes an impressive range of high-tech pet care tools, such as smart feeders, interactive toys, GPS trackers, and health monitoring devices. These products are designed not only to improve pet well-being but also to provide peace of mind and convenience for pet owners.

  • Smart Feeders: These innovative feeders allow pet owners to manage and monitor their pet’s meals remotely, ensuring proper portioning and timely feeding, even when they are away from home.
  • Interactive Toys: Designed to keep pets mentally stimulated and entertained, these toys offer interactive features that engage pets, helping reduce boredom and anxiety.
  • GPS Trackers: These devices provide pet owners with real-time location tracking, ensuring the safety and security of their pets wherever they may roam.
  • Health Monitoring Devices: Shared Pets LLC’s health-focused devices help pet parents keep track of their pet’s physical activity and well-being, allowing for early detection of health issues and promoting overall fitness.

Crafted with Premium Materials

All Shared Pets LLC products are handmade using high-quality materials to ensure durability, comfort, and safety. The company places a strong emphasis on creating products that meet the highest standards of reliability while maintaining an aesthetic appeal that suits both pets and their owners.

Bringing the Future of Pet Care Today

Shared Pets LLC is dedicated to pushing the boundaries of pet care by leveraging cutting-edge technology to simplify pet ownership and create more interactive experiences. The company invites pet owners to explore its innovative products and discover how technology can enhance the care, safety, and happiness of their pets.

For more Information visit https://sharedpets.com 

About Shared Pets LLC

Shared Pets LLC is a technology-driven company that specializes in creating high-quality, innovative pet care products. Focused on merging the latest advancements in technology with practical pet care solutions, Shared Pets LLC aims to enhance the bond between pets and their owners while providing products that are both functional and enjoyable.

Media Contact

Organization: Shared Pets LLC

Contact Person: PR Contact

Website: https://sharedpets.com/

Email: Send Email

Country: United States

Release Id: 24102418970

The post Shared Pets LLC Launches Revolutionary High-Tech Products to Enhance Pet Care Experience appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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