
Tencent Esports Unveils First Franchising Partner List: Kappa, Razer, ASUS, SKG, and Tim Hortons
During the Tencent Global Esports Summit this week, Tencent Esports announced the company’s first batch of franchising partners.
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During the Tencent Global Esports Summit this week, Tencent Esports announced the company’s first batch of franchising partners.
Chinese esports company VSPN on Tuesday announced the completion of a multi-million dollar Series B2 financing round, led by Morgan Stanley Private Equity Asia (MSPEA). The funding will be directed towards the firm's global business expansion and the development of its esports content matrix, the VSPN+.
Bilibili Esports, the esports arm of Chinese video giant Bilibili announced that the company has signed a partnership deal with Chinese music copyright distribution platform VFineMusic.
China’s esports industry has seen several significant partnerships and sponsorships in the last week.
In mid-August, Tencent's IEG announced a series of departmental and personnel adjustments to set up an eGame Center, which would be fully responsible for product R&D, operation and promotion of eGame.
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).
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.
NetEase officially announced that its new International Culture & Technology Complex started construction from June 29 in Shanghai’s Qingpu district.
Earlier this morning, during the 2020 China Digital Entertainment Expo & Conference (ChinaJoy), Nicolo Laurent, game publisher Riot Games CEO, announced that the 2020 League of Legends World Championships (S10) will be hosted in Shanghai from September 25 to October 31.
Bilibili Esports has taken the place of Banana Culture as the new Chinese production partner for Activision Blizzard’s Overwatch League, sources told Pandaily.
Last week, China’s esports industry saw several significant partnerships and sponsorships.
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.