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
0
0
4579
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
Latest News
USA Esports Alliance Launches to Unite Top Teams, Universities, and Industry Leaders
1241
Sahara Became the Winner of Capcom Cup 12 and Won $1 Million
2810
ESL Pro League Season 23 Preview and Analysis: The Epitome of Competitive Counter Strike Returns
2433
How Patch Notes Can Reprice Esports Futures Before a Major Tournament
2167
The Rise of Esports: Exploring the Biggest Tournaments in Competitive Gaming
2438
Exploring the Shared Ecosystem of Strategy and Chance in Esports and Casino Games
2428
Similar News
Lionel Messi has invested in the esports organization KRÜ, which was founded by Sergio Agüero
6693
Saudi Arabia is prepared to invest substantial amounts of money to attain leading positions in the gaming industry
6294
Infinity Esports Starts Seeking Investment for Next Funding Round
8930
Saudi Arabia intends to invest $38 billion in eSports
7868
Comments