On 2 June 2025, Thunder Limited announced the completion of the acquisition of Shanghai Canon Network Technology Ltd. (the Tiger Post Operator) for a total amount of RMB 500 million. Speedy had delivered $400 million in cash, and the remaining $100 million would be paid in equal instalments of $50 million for each period of 12 and 24 months after the completion of the transaction.
Founded in 2003, she is China ‘ s leading distributed cloud service provider, covering a wide range of products and services such as cloud acceleration, shared cloud computing and digital entertainment. Tiger Po is a sports community and media platform that covers sports content such as basketball, football, and vertical fields such as electric competition and fitness, with a high level of community activity, with a peak estimate of approximately $7.7 billion. The user portraits of the two companies are highly overlapping and predominantly male.
“The acquisition of tigers is expected to create a strong synergy with Thunder. Using a wide range of user base and technical expertise in the field of Internet content dissemination, it combines high-quality sports content with a vibrant community, promoting content downloads, community interactions and sports consumption in a niche market with high user loyalty.”
According to analysts, while the consumption power and commercial value of male users is relatively low, the community nature of the tiger provides new channels for distribution of content and interaction among users. By using the sports content and data platform of the Tigers, they can enhance their competitiveness in digital entertainment and community operations and may further integrate cloud storage and content distribution services.
