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
2940
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.
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
Riot Games Embraces Gambling Sponsorships for Valorant & LoL Amid Esports Financial Struggles
1139
Steam Faces Escalating Spam and Stolen Game Crisis
1097
Esports World Cup Keeps Attracting Stars: Post Malone to Perform at the Opening Ceremony
2184
Cristiano Ronaldo Becomes Global Ambassador for Esports World Cup 2025
3027
Similar News
Lionel Messi has invested in the esports organization KRÜ, which was founded by Sergio Agüero
4316
Saudi Arabia is prepared to invest substantial amounts of money to attain leading positions in the gaming industry
4221
Infinity Esports Starts Seeking Investment for Next Funding Round
6040
Disney made investment in Team Liquid
4136
Tencent is going to invest $15 billion into the development of the eSports
6683
Rocket League developers invested $2,500,000 in the development of esports
3305
Comments