EGW-NewsAlibaba Group invests $150 millions in the development of esports in China
Alibaba Group invests $150 millions in the development of esports in China
Investments0
0
4304
The big companies notice the huge perspective of esports.
The information appeared that the Chinese public company working in a sphere of e-commerce - Alibaba - invested $150,000,000 in the development of esports of the Chinese region. AliSports and Changju signed the contract for 3 years, according to which Changju will become the captain of the esports in China. Here, the qualifiers and grand-finals will take place.
GET 5 Free Cases, & Balance bonus 0.7 USD & Daily FREE Case & DEPO bonus up to 35% with code EGWNEWS
Bloody Case
CS:GO
Alibaba Group is the Chinese public company working in the sphere of e-commerce. The head office is located in Hangzhou. The main activities of the company are trading between companies and online retail.
Don’t miss esport news and update! Sign up and recieve weekly article digest!
Sign UpDue to this organization, WESG 2016 tournament is now taking place in China.
Leave comment
Did you like the article?
0
0
Successfully copied... Thank you for sharing our content!:
Latest News
Esports World Cup 2026: A Complete Guide
378
Red Bull, Razer, and Google Play Among ALGS Year 5 Championship Partners
2710
Singapore Officially Recognizes Esports as a Sport
2498
Why Competitive Gamers Feel at Home in Structured Digital Systems
1383
Similar News
Lionel Messi has invested in the esports organization KRÜ, which was founded by Sergio Agüero
6335
Saudi Arabia is prepared to invest substantial amounts of money to attain leading positions in the gaming industry
5987
Infinity Esports Starts Seeking Investment for Next Funding Round
8301
Disney made investment in Team Liquid
5747
Tencent is going to invest $15 billion into the development of the eSports
10402
Rocket League developers invested $2,500,000 in the development of esports
4802
Comments