Chinese esports firm launches multi-title tournament in Asia with Saudi Arabia backing [Yahoo! Finance]
TENCENT HLDGS UNSP/ADR (TCEHY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
The Esports Asian Champions League (ACL) will kick off next year, with tens of thousands of professional players set to compete across the continent in a six-month season each year, VSPO announced on Tuesday. The Tencent Holdings -backed company is the biggest esports operator in Asia. The tournament will include seven to 10 titles at launch, according to VSPO, but it did not disclose the names being considered. The two biggest video gaming companies in China - Tencent and NetEase - both had representatives at the launch event on Tuesday, raising hopes that top Chinese esports titles such as Tencent's Honor of Kings would be included. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge , our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. The tournament could bolster China's efforts to gain a greater foothold in the global esports industry,
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