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China backlash: Vivo pulls out as IPL sponsor

Smartphone maker Vivo had retained the IPL sponsorship rights for 2018-2022 for nearly 22 billion rupees ($293 million). “They (Vivo) have pulled out of this year’s title sponsorship. We’re looking for a new partner. Everything will be finalised soon,” an IPL governing council member who asked to remain anonymous said.

Read more here:: India News Times