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VSPN reportedly considering IPO

Chinese esports company Versus Programming Network (VSPN) is reportedly pondering an initial public offering in the US. According to Bloomberg, the IPO could happen as soon as this year and could raise "several hundred million dollars," a source close to the matter told the publication. The process is still at a very early stage, so details are very scarce at the moment. VSPN, also known as Xian Quantum Sports Management Co, was founded in 2016 and is currently headquartered in Shanghai. It als...
Saudi Arabia South Korea Nan Fung Group Programming Network Guotai Junan International Xian Quantum Sports Management Co

Chinese gaming firm Quwan Network bags $100m from Matrix Partners China, Orchid

Chinese gaming firm Quwan Network bags $100m from Matrix Partners China, Orchid Customers at an internet cafe play online games in Beijing. Photographer:Nelson Ching/ Bloomberg February 2, 2021 Chinese social gaming and internet company Guangzhou Quwan Network Technology Co.,Ltd has announced the completion of a $100 million Series B round funding from Asia-focused investment firm Orchid Asia and existing investor Matrix Partners China, the latter investor announced on Monday. Quwan had raised ...
Programming Network Guangzhou Quwan Network Technology Co Ltd Orchid Asia Matrix Partners China Versus Programming Network Prospect Avenue Capital

Chinese esports player VSPN closes $60M Series B+ round to boost its international strategy – TechCrunch

Chinese esports player VSPN closes $60M Series B+ round to boost its international strategy Esports “total solutions provider” VSPN (Versus Programming Network) has closed a $60 million Series B+ funding round, joined by Prospect Avenue Capital (PAC), Guotai Junan International and Nan Fung Group. VSPN facilitates esports competitions in China, which is a massive industry and has expanded into related areas such as esports venues. It is the principal tournament organizer and broadcaster for...
Meng Gao Dino Ying Aming Liao Nan Fung Xuan Zhao Tencent Holdings

GTJAI to Boost VSPN's Innovation and Development – Consumer Electronics Net

2 months ago HONG KONG–(BUSINESS WIRE)– Guotai Junan International”, the “ GTJAI”, Stock code: 1788.HK) announced that the Group will join hands with Nan Fung Group and Prospect Avenue Capital (PAC) to collaboratively boost development of China esports industry, supporting Versus Programming Network (“VSPN”) to expand its scale and influence in esports eco-system, consolidating its market leader position as well as creating standardized and profess...
Hong Kong Peter Chiu Angela Shi Bunny Lee Addison Chu Guotai Junan Securities Company Limited Stock Code

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GTJAI to Boost VSPN's Innovation and Development

Press release content from Business Wire. The AP news staff was not involved in its creation. GTJAI to Boost VSPN’s Innovation and Development January 22, 2021 GMT Guotai Junan International Holdings Limited (“ Guotai Junan International ”, the “ GTJAI ”, Stock code: 1788.HK ) announced that the Group will join hands with Nan Fung Group and Prospect Avenue Capital (PAC) to collaboratively boost development of China esports industry, supporting Versus Programming Network (“VSPN�...
Hong Kong Peter Chiu Angela Shi Bunny Lee Addison Chu Guotai Junan Securities Company Limited Stock Code
Source: apnews.com

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