Chinese esports solution provider VSPN (Versus Programming Network) announced Friday that it has raised a $60 million Series B+ financing round led by Prospect Avenue Capital (PAC).
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Last week’s biggest VC fundraising announcements included the 180 million yuan investment raised by Bilibili E-sports, WeRide’s $310 million Series C, VISEN Pharmaceuticals' $150 million Series B, and the latest $46 million round raised by robot-maker Jaka.
China’s biggest esports company Versus Programming Network (VSPN) announced Friday that the company has completed its acquisition of Chinese production company Banana Gaming & Media.
On Jan.14, Bilibili E-sports, part of the eponymous Chinese video streaming platform, raised 180 million yuan in an initial round of funding led by the Zhejiang Chuangxiang Cultural Fund.
Chinese smartphone manufacturer OnePlus has signed an exclusive sponsorship deal with Suning Esports (SN), acting as the exclusive smartphone sponsor for its League of Legends team currently competing in the League of Legends Pro League Spring Split.
Shenzhen, China, will serve as the host city for the 2021 League of Legends World Championship Finals, one of the biggest esports competitions in the world.
Esports and breakdancing have joined the 19th Asian Games in Hangzhou 2022.
Raclen, a shampoo brand of Chinese commodity company LaFane has signed an endorsement deal with Royal Never Give-Up (RNG) League of Legend player Jian “Uzi” Zihao.
Tencent Games announced on Nov. 1 during a live-streamed celebration of the game’s 5th anniversary that its star mobile game Honor of Kings has obtained an average DAU of 100 million.
On Oct. 30, Bilibili Gaming (BLG) held a grand opening of its headquarters in Hangzhou Future Science Town.
The 2020 League of Legends World Championship Grand Final is only two days away.
Chinese esports ‘total solutions provider’ VSPN (Versus Programming Network) has raised close to $100 million in its latest Series B round of financing.
Chinese esports production company Versus Programming Network (VSPN) announced today that it has raised close to $100M USD in a Series B funding round, led by Chinese conglomerate Tencent Holdings.
NYSE-listed video game livestreaming platform Huya Inc. announced on Oct. 12 to buy DouYu International Holdings Ltd., which is expected to delist from the Nasdaq, creating a $10 billion livestream mammoth.
Chinese live streaming platform DouYu has been awarded ￥30M Chinese yuan ($4.48M USD) in a lawsuit against Leyou Network Technology.