Guangzhou Quwan Network Technology, developer of Chinese chat service TT Voice, announced that it has raised a $100M USD Series B financing round led by venture capital firm Matrix Partners China with additional participation of investment fund Orchid Asia and others. TT Voice is considered...
During the first month of the new year, The Esports Observer tracked 12 investments raised by esports-relevant companies. Disclosed investments amounted to $198M USD. Financial terms were not disclosed for all deals highlighted in this article. VSPN Adds Capital, Acquires Competitor Chinese esports solutions provider...
Gaming hardware company ASUS Republic of Gamers (ROG) has launched an esports academy programme specifically tailored for the ‘next generation’ of gamers in India. According to the firm’s website, all participants above the age of 16 are able to register for ROG Academy. Moreover, the first programme will look at...
LetsPlay.Live and Riot Games have teamed up to provide Oceania with its own path to international Valorant competition through the Valorant Oceania Tour. Organizer LetsPlay.Live will host the multi-phase competition, which will include a combined $50K AUD ($38.1K USD) prize pool. The initial announcement for...
Guangdong-based Chinese multinational electronics company TCL Technology Group Corporation (TCL) has signed a sponsorship deal with TJ Sports for China’s top League of Legends competition, League of Legends Pro League (LPL). Financial terms of the deals were not disclosed. TCL is the 16th brand that...
Streaming platform Twitch surpassed one trillion minutes watched in 2020, according to the platforms latest global figures. A tweet from Twitch Senior Vice President Damian Burns collected multiple new metrics, including that the platform has an average of 2M viewers at any given moment with...
Players have finally found a way to stop the glitch that has riddled the game for weeks. Loadouts are an integral part of Call of Duty: Warzone. If you’re looking to get that win, you’ll need to have your loadout. However, a recent glitch has caused...
Chinese esports organization Jingdong Gaming (JDG) has signed three partnership deals with the Taiwanese hardware company Micro-Star International (MSI), Samsung, and U.S. semiconductor chip leader Intel Corporation, respectively. Financial terms of the deals were not disclosed. Intel will act as the chief partner of JDG,...
For the world’s most established sportswear brands — as well as select fashion houses — esports and gaming are now very much on the agenda. It shouldn’t be surprising that apparel brands want to remain future-proof by reaching a younger demographic via competitive gaming. Over the...
Procter & Gamble-owned haircare brand Head & Shoulders is working with a variety of established and up-and-coming Twitch content creators to promote a new line of hair care products during the month of February. Financial terms of the campaign were not disclosed. The campaign kicked...