Crazy Sports Group Limited, an investment holding company, operates as a digital sports entertainment community operator in the People's Republic of China. It develops and operates Crazy Red Insights APP, a paid sports information platform; Crazy Sports APP, a sports social interactive platform; Fantasy Sports Events APP, a sports events and interactive quizzing platform; and Qiankun Digital Collectibles, a digital collectibles platform. The company also operates and publishes sports and leisure games, as well as offers sports lottery retail services.

In addition, it is involved in the development and operation of mobile applications and software; and advertisement production business. The company was formerly known as V1 Group Limited and changed its name to Crazy Sports Group Limited in June 2021. Crazy Sports Group Limited is based in Beijing, the People's Republic of China.