VivaTech takes the stage as the world's leading event for tech and startups
19 Jun 2023 18:33
As reported by 36Kr, a website delivering technology-related content, the professional Chinese eSports multigaming club, LGD-Gaming has raised 30 million RMB ($ 43.5m) in their A Series financing round with N5 Capital being the lead investors. Following this round, LGD-Gaming will continue to invest more money and other resources in their youth training so as to strengthen their players' roster.
Recently LGD-Gaming also formed a partnership with the Chinese E-commercial giant, JD.COM Inc on May 18 with JD.COM securing the rights to LGD-Gaming’s specialized merchandise and promotion of its e-channels.
Established in 2009, LGD-Gaming became the first professional multigaming eSports club in China, and was also the pioneer for its commercialized operations. LGD-Gaming's roster includes both male and female players focusing on League of Legends, Dota2, King of Glory, Overwatch, CS:GO and others. Their teams have also won numerous tournaments, such as the 2015 LPL S5 Summer Finals Championships, and have also been runners-up in the 2015 TI5 Spring Playoff Finals.
Proofread by Raymond Fitzpatrick
Future of Sport: a resounding success for the Global Sports Week and Viva Technology collaboration
21 Jun 2023 12:27
Related coverage
China University eSports Alliance launched
18 Jan 2018
Tencent Dayan partners with CNCG in the e-sports business
07 Sep 2017
China Digital, Jay Chou to set up e-sport gaming company
18 Feb 2016
Six CBA clubs establish eSports Basketball Association
09 Apr 2018
$7m investment for former Chinese e-game player
27 Apr 2016
More from Yutang Sports
Interview Part I with Martin Gibbs, Managing Director of SportAccord: the Power of Sport Is Real
21 Mar 2024
VivaTech takes the stage as the world's leading event for tech and startups
19 Jun 2023
SportAccord Plenary Conference had fruitful talks about the soft power of sport
17 Apr 2024
Squash will be significantly boosted by LA28 inclusion
17 Apr 2024
Yutang Sports Appointed as the Official Media Partner of the Future of Sport
14 Jun 2023
Yutang Sports
loading...