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
Related coverage
Suning Computer to sponsor Chinese eSports club Eclipse
27 Mar 2018
JD.com acquires two eSports teams to compete in professional league
19 Jun 2017
KPL collaborates with new retail supermarket Super Species
12 Dec 2018
Hao Haidong embraces soccer video game industry
18 Sep 2017
10-day WCA2016 starts in Yinchuan
12 Dec 2016
More from Yutang Sports
Reasons why Leading Gold Partner Sport Event Denmark returns to SportAccord every year
08 Feb 2024
SportAccord 2024 - MediaAccord is ‘rare opportunity’ to meet before Paris 2024
08 Mar 2024
SportAccord scores Summit touchdown with NFL
18 Jan 2024
SportAccord Plenary Conference had fruitful talks about the soft power of sport
17 Apr 2024
SportAccord’s conversation with FEI President Ingmar De Vos: Equestrian sport’s road to Versailles
22 Apr 2024
Yutang Sports
loading...