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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 an undisclosed Series A round led by Matrix Partners China in April 2020.
The development comes as China’s esports industry is experiencing dramatic growth with total revenues in 2020 amounting to $1.1 billion, up 15.7% from 2019, according to games & esports market researcher Newzoo. ....

Programming Network , Guangzhou Quwan Network Technology Co Ltd , Orchid Asia , Matrix Partners China , Versus Programming Network , Prospect Avenue Capital , Southeast China , Heading Wang , ப்ரோக்ராமிஂக் வலைப்பின்னல் , ஆர்கிட் ஆசியா , அணி கூட்டாளர்கள் சீனா , எதிராக ப்ரோக்ராமிஂக் வலைப்பின்னல் , ப்ராஸ்பெக்ட் அவென்யூ மூலதனம் , தென்கிழக்கு சீனா , தலைப்பு வாங் ,

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 a number of top competitions, partnering with more than 70% of China’s esports tournaments.
The “B+” funding round comes only three months after the company raised around $100 million in a Series B funding round, led by Tencent Holdings. ....

Meng Gao , Dino Ying , Aming Liao , Nan Fung , Xuan Zhao , Tencent Holdings , Nan Fung Group , We At Guotai Junan International , Programming Network , Guotai Junan International , Equity At Guotai Junan International , Versus Programming Network , Prospect Avenue Capital , Private Equity , மெங் கொ , டினோ யிங் , மிங் லியாவோ , நான் பூஞ்சை , வைவாந் ழோ , நான் பூஞ்சை குழு , ப்ரோக்ராமிஂக் வலைப்பின்னல் , எதிராக ப்ரோக்ராமிஂக் வலைப்பின்னல் , ப்ராஸ்பெக்ட் அவென்யூ மூலதனம் , ப்ரைவேட் பங்கு ,

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 professional competitive sports events.
The esports industry is one of the sectors that has been greatly encouraged and supported by the government’s policies in recent years. GTJAI actively responds to and participates in the government’s policies of upgrading the esports industry structure and promoting the cultural and entertainment industry as well as the economic development through esports events. Besides, the participation in this project enables GTJAI to ....

Hong Kong , Peter Chiu , Angela Shi , Bunny Lee , Addison Chu , Guotai Junan Securities Company Limited Stock Code , Nan Fung Group Capital , Porda Havas International Finance Communications Group , Guotai Junan International Holdings , Chinese Securities Company , Hong Kong Stock Exchange , Programming Network , Guotai Junan International , New Economy And Build Quality , Wealth Management , Guotai Junan International Holdings Limited , Nan Fung Group , Prospect Avenue Capital , Versus Programming Network , Private Equity Investment , Junan International , Stock Code , Chinese Securities , Main Board , Guotai Junan Securities Company Limited , Havas International Finance Communications Group ,

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”) to expand its scale and influence in esports eco-system, consolidating its market leader position as well as creating standardized and professional competitive sports events.
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The esports industry is one of the sectors that has been greatly encouraged and supported by the government’s policies in recent years. GTJAI actively responds to and participates in the government’s policies of upgrading the esports industry structure and promoti ....

Hong Kong , Peter Chiu , Angela Shi , Bunny Lee , Addison Chu , Guotai Junan Securities Company Limited Stock Code , Nan Fung Group Capital , Porda Havas International Finance Communications Group , Guotai Junan International Holdings , Hong Kong Stock Exchange , Chinese Securities Company , Guotai Junan International , Programming Network , Junan International Holdings Limited , Junan International , Nan Fung Group , Prospect Avenue Capital , Versus Programming Network , Private Equity Investment , Stock Code , Chinese Securities , Main Board , Guotai Junan Securities Company Limited , Havas International Finance Communications Group , Guotai Junan Internationalholdings Limited , Porda Havas International Finance Communications ,

Detailed text transcripts for TV channel - FOXNEWS - 20110811:19:13:00

400,000. a snapshot of the economy but a sign it is improving. however small. but much needed boost in confidence after the dow fell 519 points yesterday. who knows maybe we will get that back today. anything can happen. we will keep you informed. but it will take more to make up for the past few weeks with the dow plummeted 2,000 points. yesterday it closed 16.3 percent below the high of the year april 29. gerri will offer her two cents. there are several factors at play in addition to the jobless numbers. guest: that is right but the claims that was a big deal to the market. number down, good news, and it ended at 17-week string of being 400,000 or better. and the other good news, news corps reported fantastic earnings and that is good because they own this network and it came from programming ....

April 29 , 16 3 , News Corps , Programming Network ,