Tim Hortons China announced its opening of another joint store with Tencent E-Sports in Shanghai on August 3. This is the second joint store opened by the pair in Shanghai and the third joint store opened in China.
There were a number of new developments across China's gaming industry this week, including the approval of 43 imported games, ImbaTV's announcement to host Valorant Competition and Bilibili's new partnership with Ping An Bank.
Over the past week, China's esports industry saw several key developments, primarily related to Tencent esports titles, including Honor of Kings, Peacekeeper Elite, League of Legends and CrossFire.
On June 16, Tencent and Hainan Resort Software Community hosted the annual Tencent Global Esports Summit at Haikou International Conference Center with the theme "Esports For More."
Last week was significant for the China esports industry and for Tencent Esports in particular. Not only did a game publisher reveal its tournament and esports business summit plan, but solid achievements from Chinese esports events were also reported, according to a new report from the Chinese authority.
Over the past week, the esports industry in China has celebrated the International Labor Holiday by hosting multiple esports competitions for audiences and fans. Shanghai-based tournament organizer Imba TV hosted its $185 thousand Dota 2 i-League at the Shanghai Aegean Shopping Park in front of a limited live audience, while Tencent and VSPN also hosted a two-year anniversary party for Peacekeeper Elite in Chongqing, at which multiple partnerships were signed.
China’s esports industry saw some valuable new opportunities and partnerships as well as serious punishments following the League of Legends Pro League and League of Legends Development League match-fixing investigation.
As the Chinese New Year approaches, we still saw several exciting and significant developments in the industry.
Allan Zhang unveiled at the Tencent Global Esports Summit that one of the companies has signed partnership deals with four non-endemic brands.
During the Tencent Global Esports Summit this week, Tencent Esports announced the company’s first batch of franchising partners.
A new Global Esports Federation (GEF) was launched in Singapore on December 16, with Chinese tech giant Tencent listed as its global founding partner.