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

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Investments

21:0013.01.17

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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.

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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.

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Due to this organization, WESG 2016 tournament is now taking place in China.

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