Chinese media, gaming and entertainment conglomerate Tencent has recently announced a five-year plan to fund nearly $15 billion (100 billion yuan) into its esports venture, which includes building esports theme parks, investing into the futures of individual esports talent and franchising leagues, associations and tournaments for competition. Tencent owns Riot Games, the developer of League […]
NBA China and Tencent announced the launch of the first NBA League Pass in China on Wednesday. This is the first time that people in China will have access to all live NBA games on League Pass for their personal computers and mobile devices. “We are delighted to deepen our partnership with Tencent by launching […]
This section of SportTechie, “Sports Tech Wire”, contains original press releases issued by various companies and industry organizations. The releases are reviewed by the SportTechie editorial staff to ensure relevancy to the sports technology industry. For information and access, send your name and email address to info@SportTechie.com This July Manchester City FC and Tencent are joining forces to provide […]
The International Basketball Federation (FIBA) and Tencent, a global digital company founded in Shenzhen in 1998, have announced a nine-year partnership that includes, digital media rights and Tencent hosting FIBA website in China. Tencent is China’s most used internet service, which includes its leading internet platforms that have created the largest internet community in China. […]
The Chinese market is notoriously hard for any company to enter. A recent survey by the American Chamber of Commerce on Friday found that American companies are facing increasing trouble in China due to antiforeign sentiment, vague labor laws and industrial overcapacity. So, it comes with great surprise that ESPN is able to move into […]
