SPORTACCORD 2024 INSIGHTS: Sport’s Perfect Storm
23 May 2024 14:34
Recently, Everyday E-sports, an incubation firm owned by Datang Network, announced it has gained 90 million RMB A round financing.
As the operator of the China Mobile E-Sports Games(CMEG), Everyday E-sports will help the General Administration of Sports of China to hold E-Sports games in China. Besides, it will assist the administration to build a new international E-Sports Games, aiming to provide a larger platform for Chinese players to compete with foreign players.
Famous actresss Bai Baihe and the Beijing Guoan FC captain Xu Yunlun invested in Everyday E-sports as individual investors. The CSM Group and China Investment Securities are also shareholders. At present, E-sports is growing rapidly and promising that the industry will make a profit in the short term. Now Everyday E-sports is valued highly by investors. All the investors are confident that E-Sports games will have a bright future.
Proofread by Sean O Diobhilin
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