White label solutions


Subscribe

订阅

Asia Casino News │ ACN东方博彩新闻

Asia Casino News outlet for Online Gaming and Gambling Industry in Asia.

Esports Company VSPN Files Prospectus for Hong Kong Listing

February 3, 2022 Hongkong Industry Updates

VSPN, a Chinese esports company with massive clout in the competitive video gaming industry, has filed a prospectus with the Hong Kong Stock Exchange, preparing to go public through an Initial Public Offering (IPO).

The news was originally reported by local media outlet IPO Zaozhidao and suggests that the Shanghai-based esports giant will seek to capitalize on its strong position with esports ventures. The company has been an infrastructure provider for numerous esports events across 29 established games. These include Honor of Kings and PUBG: Mobile, which are very popular in Asia.

The company has been busy with other aspects of the industry, too, helping with content production, talent incubation, management, and more. Realistically, VSPN is a 360-degree full-service esports company involved with every aspect of esports development. The company is also the most prominent tournament host in Asia, and its preeminence is unlikely to be challenged any time soon.

VSPN is also a focal point of significant investment by the likes of SIG Heiner Asia, Morgan Stanley Private Equity Asia, Tencent, PAC Capital, Kuaishou, and many others. Tencent alone holds a 13.54% stake in the company, and the company is further linked with VSPN through Hou Miao, VSPN’s non-executive director and Tencent’s own chief of the company’s esports division.

Source: https://www.gamblingnews.com/news/esports-company-vspn-files-prospectus-for-hong-kong-listing/
Other Interesting Articles
See other website

Leave a Reply

Your email address will not be published. Required fields are marked *