ONE Championship has thriving future!

COVID-19 has shaken the world and weakened the global economy. On Monday, Asia's largest sports media property, ONE Championship, announced it had raised $70 million in new funding from investors to secure its future.

"I am full of gratitude for this strong vote of confidence amidst the worst global economic crisis in 100 years," professed Hua Fung Teh, group president of ONE Championship.


ONE, backed in part by venture capitalist firm Sequoia Capital, did not disclose the names of the investors who infused the organization with new capital. The organization stated they now have $346 million in total capital on-hand as they began streamlining operations, which included a 20% global headcount reduction.

Hua said, "With nine figures of cash on the balance sheet and a streamlined organization, ONE Championship looks forward to continuing to delight our fans around the world with more heroes and new experiences for many years to come."

During its last round of funding, ONE was given a valuation of over $1 billion.

Chatri Sityodtong Inspirational Speech | ONE Championship’s Lasting Legacy www.youtube.com

ONE can be seen in the U.S. through Turner Sports. The company inked a three-year broadcast deal in 2018 through Turner's major platforms TNT and B/R Live. The organization will look to monetize its global fanbase as it continues to grow.

As governments and border restrictions are beginning to be relaxed, the martial arts company is making plans on returning to action with a strong slate of bouts for 2020. The new funding will ensure the company's future during a global crisis to bring martial arts into fan's living rooms.

Yahoo Sports

ONE Championship kick-started their exciting month on Wednesday, April 7, with ONE on TNT I inside the Singapore Indoor Stadium.

The long-awaited meeting between ONE Flyweight World Champion Adriano "Mikinho" Moraes and ONE Flyweight World Grand Prix Champion Demetrious "Mighty Mouse" Johnson took center stage and had a shocking conclusion.

Five other bouts helped fill out ONE's primetime debut in the United States.

Need a recap of what went down at ONE on TNT I? Here is what you missed from the latest edition of ONE Championship action.

Keep Reading Show less
World Taekwondo

The European Taekwondo Championships wrapped up on Sunday in Sofia, Bulgaria with Russia dominating the men's categories while Great Britain reigned on the women's side. The British nabbed three titles in the women's events lead by two-time Olympic gold medalist Jade Jones who took her third European championship capturing the 57 kg division with a 20-5 victory over Turkey's Hatice Kübra İlgün. Jones will seek to become the first British woman to win individual gold at three different Olympics when she competes at this year's Tokyo games.

The Russian men also earned three titles lead by 2017 world champion Maksim Khramtsov, who garnered his second European crown at 80 kg.


On Wednesday, April 14, ONE Championship returns with ONE on TNT II on primetime on TNT with two incredible bouts leading the charge.

One of those bouts features ONE Atomweight Kickboxing World Champion Janet "JT" Todd continuing her pursuit of two-sport dominance against Anne "Ninja" Line Hogstad in a Muay Thai contest.

The two top-ranked Muay Thai contenders each have their own hopes and dreams for the gold, but if Todd can capture it, she will be the second-ever two-sport atomweight World Champion. She is chasing history to cement her legacy as the best atomweight striker in the world.

But Hogstad will not be one to lay down for her bid.

Keep Reading Show less