Why are Chinese technology brands migrating to Euro 2020?

Why are Chinese technology brands migrating to Euro 2020?

Everybody’s eyes were on the ball during the tense England v Germany Euro 2020 football match this week – mine included. But almost every time I saw a sponsored brand on the digital billboards that run the circumference of the pitch at Wembley, there appeared to be a Chinese super-brand logo on display.

By Zoe KleinmanTechnology reporter Published13 minutes agoSharecloseShare pageCopy linkAbout sharingimage copyrightGetty Images During the last tournament, held in 2016, there was just one Chinese sponsor – the TV maker HiSense.

This time around, HiSense has been joined on the billboards by TikTok, Vivo and Alipay. There are no sign of any US equivalents – neither Facebook, Google, Amazon nor Apple for example, feature on the official “partners” list.

Tournament organiser Uefa told the BBC it had “no specific strategy” regarding Chinese collaborations. “However, we do look to engage a global audience, as do the brands who join our commercial programme,” it added. image copyrightShaun Botterill – UEFAimage captionEngland midfielder Declan Rice with smartphone brand Vivo ad behind him.

TikTok, which claims its global platform is kept separate from its Chinese operation, has partnered with UEFA for this tournament only and has thrown a tonne of promotional weight behind it on its platform, including branded augmented reality effects, TikTok lives and hashtag challenges. Uefa even launched its own official tournament account for the occasion, followed by 4.2 million people. Alipay, a Chinese payment platform, has brought along a subsidiary, Antchain, a blockchain firm. Both are part of the tech giant Ant Group.

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