Natural mineral water brand Alps sign three-year partnership with BWF
21 Aug 2019 20:30
On January 11th, Ali Sports and the Changzhou Municipal Sports Administration announced a ten-year strategic partnership. This will entail developing comprehensive cooperation in areas like stadium management, event operation, eSports business, sports training and sports big data, so focusing on transforming Changzhou into an excellent example of a dynamic sport city.
The Changzhou Sports Industry Group and Ali Sports will cooperate on the operation of the WESG (World Electronic Sports Games). In the next 3 years, they will jointly invest in and operate the events at the WESG Changzhou site, as well as plan and build eSports stadiums.
WESG is an international comprehensive eSports competition created by Ali Sports. Started in May 2016, over 60,000 players from 125 countries and regions have signed up for the qualifying competitions. The total prize money of the first WESG is at US$ 5.5 million, and the overall input is about RMB 0.1 billion. After 7 months of continental competitions, the World Finals will be held from January 12th – 15th 2017 in Changzhou, with 336 participants.
Through this joint cooperation, 5 offline international WESG related events will be held at the Changzhou Olympic Center, including the World Finals, China Finals, Asia Pacific Finals, and so on.
Ali Sports is committed to developing a new model of eSports venues, and turning all the Internet cafes in China, big and small, into unified multi-functional eSports venues. So far there have been over 1,000 registered Internet cafes. It will also carry out the same cooperation in Changzhou.
In October 2016, the Alibaba Group and Jiangsu Province, Changzhou’s home province, became comprehensive strategic partners. This partnership between Ali Sports and Changzhou is the first step of Alibaba and Jiangsu’s cooperation in the sports industry.
Proofread by Sean O Diobhilin
Related coverage
Greenland Group to invest RMB 60m in eSports company
05 Jan 2018
Alisports CEO Zhang Dazhong: It is time for us to do more
28 Sep 2017
Alibaba Group becomes an IOC TOP sponsor through to 2028
20 Jan 2017
Ali Sports links with Tokyo-based Dentsu Group
25 Dec 2015
Shanghai announce beneficial policy for eSports companies
02 Jul 2019
More from Yutang Sports
SportAccord calls for the power of sport to lead anti-abuse actions
17 Apr 2024
Squash will be significantly boosted by LA28 inclusion
17 Apr 2024
Wiz-Team provides smart event management system for SportAccord 2024
14 Mar 2024
VivaTech takes the stage as the world's leading event for tech and startups
19 Jun 2023
Discover the SportAccord Summit sessions!
31 Jan 2024
Yutang Sports
loading...