▁A ▁source ▁for ▁the ▁Wall ▁Street ▁Journal ▁estimated ▁that ▁the ▁W TC ▁is ▁val ued ▁at ▁roughly ▁$ 9 0 0 ▁million ▁and ▁represents ▁a ▁quad ru pling ▁of ▁Prov idence ' s ▁invest ment ▁in ▁the ▁W TC . ▁ ▁A ▁W anda ▁Group ▁press ▁release ▁stated ▁that ▁the ▁World ▁Tri ath lon ▁Corporation ' s ▁gross ▁re venue ▁has ▁ris en ▁at ▁a ▁comp ounded ▁average ▁growth ▁rate ▁of ▁ 4 0 % ▁for ▁four ▁years ▁straight . ▁ ▁Net ▁profit ▁has ▁grown ▁at ▁ 4 0 % ▁a ▁year . ▁W anda ▁Group ▁has ▁announced ▁plans ▁to ▁bring ▁Iron man ▁races ▁to ▁China ▁in ▁the ▁future , ▁cit ing ▁the ▁events ▁have ▁been ▁hosted ▁in ▁over ▁ 2 0 ▁countries ▁world wide ▁but ▁none ▁yet ▁in ▁China . ▁ ▁This ▁was ▁inspired ▁by ▁the ▁success ▁of ▁other ▁Iron man ▁races ▁in ▁Asia , ▁like ▁those ▁in ▁Taiwan , ▁Korea , ▁and ▁Japan . ▁ ▁Adv ance ▁( 2 0 2 0 -) ▁On ▁March ▁ 2 6 , ▁ 2 0 2 0 , ▁Adv ance ▁Publications ▁announced ▁that ▁it ▁will ▁ac quire ▁The ▁Iron man ▁group ▁from ▁the ▁Dal ian ▁W anda ▁Group , ▁with ▁Or k ila ▁as ▁an ▁co - in vest or ▁in ▁the ▁company . ▁As ▁part ▁of ▁the ▁deal , ▁W anda ▁will ▁continue ▁to ▁operate ▁the ▁events ▁in ▁China ▁under ▁a ▁license ▁agreement . ▁ ▁Event ▁ac quis itions ▁In ▁addition ▁to ▁the ▁North ▁American ▁Sports ▁ac quisition ▁in ▁ 2 0 0