e-sports Archives

HUYA Posted Quarter-on-Quarter Revenue Growth in Q2 2024, Declaring $250 Million Special Cash Dividend

In HUYA Inc.’s 2nd quarter of 2024, game-related services, advertising and other revenues grew rapidly to 308.5 million yuan, reaching 20 percent of its total net revenues, signaling the positive progress of the company’s strategic transformation.

Alibaba Cloud’s Energy Expert Helps Analyze Carbon Footprint for The First Olympic Esports Week

Energy Expert, the AI-powered sustainability solution developed by Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has been trialed to measure and analyze carbon emissions from temporary constructions built for the first Olympic Esports Week.

League of Legends: Wild Rift to Accelerate Promotion of Independent Mobile E-sports Contests

Tencent E-sports held its annual launch event on July 26. The latest progress of the League of Legends: Wild Rift regarding e-sports and its key events planning in the future was introduced on the event.

China’s E-sports Industry Garners $11.3B in H1

The latest report for China's e-sports industry from January to June 2022 was officially released on July 22. The report shows that in the first half of this year, the revenue of China's e-sports industry was 76.497 billion yuan ($11.31 billion).

Realme VP Expresses Long-Term Bullishness on Smartphone Industry

Chase Xu, Vice President and Chief Marketing Officer of Shenzhen-based firm realme, acknowledged that the smartphone market is experiencing normal fluctuations at present, but that he is still optimistic in the long run about the smartphone industry.

Moonton’s Game Selected by SEA Games 31

Mobile Legends: Bang Bang (MLBB), a Multiplayer Online Battle Arena (MOBA) mobile game independently developed by Shanghai-based Moonton Technology, has once again joined the e-sports program of the Southeast Asian Games.

Newzoo Expects China to Account for 1/3 of Global E-sports Revenues in 2022

According to a report released by Newzoo on Wednesday, it is estimated that the global e-sports industry will generate $1.38 billion in revenue globally this year, an increase of 22% year-on-year.

Tencent’s eGame to Terminate Operation on June 7

eGame, a mobile e-sports platform owned by Tencent, announced on Thursday that it will terminate its operations on June 7 due to a change in business development strategy.

Former Co-CEO of Game Developer Perfect World Dies Suddenly

Perfect World announced on Monday that Lian Jie has submitted a request to resign as co-CEO of the company due to physical reasons. Unfortunately, Lian passed away in the United States on Monday night.

Tencent eGame Successively Terminates Anchors

On Tuesday, many Tencent eGame anchors posted their farewell messages on Chinese social media Weibo.

Redmi K50 E-sports Edition Unveiled

Xiaomi’s sub-brand Redmi launched its long-anticipated K50 E-sports edition in a conference held on Wednesday.

Tencent Reaches Deal with Olympic Council of Asia and Asian Electronic Sports Federation

On Thursday, Tencent reached a strategic partnership with the Olympic Council of Asia and the Asian Electronic Sports Federation to jointly promote the development of e-sports.

Riot Games Unveils Wild Rift E-Sports Roadmap for 2022

Riot Games announced on January 7 the first official global competition entitled "Wild Rift Icons Global Championship," set to take place this summer in Europe.

NetEase and Sanya Municipal Government Reach Cooperation to Build Metaverse Industrial Base

Chinese internet technology company NetEase will set up its Hainan headquarters and build a metaverse industrial base project in the southern island province's capital city of Sanya.

2021 China Game Industry Report Launched: Market Revenue Reaches $47 billion, YoY Increase of 6.4%

The Game Working Committee of the China Audio-Video and Digital Publishing Association released its 2021 China Game Industry Report on Thursday.

Redmi K50 Gaming Edition Leak: Focuses on High-Performance Games

Today, popular Weibo tech blogger @Digital Chat Station revealed that the new Redmi K50 Gaming Edition is on the way and will focus on a high-performance gaming experience.

The Story of Chinese E-Sports: Industry, Policy and Social Stigma

The development of eSports in China makes a case of the ways the government, corporate enterprises, critical public and the eSports community interact, compete and cooperate with each other to facilitate the rise of an industry plagued by public controversy.