#Tencent

Esports companies have raised $2 billion in investments in the first quarter of 2018. The biggest contributor to that total is Tencent, based out of China. They account for $1.1 billion of that $2 billion in total. $2 billion matches the entirety of esports investment in 2017. Source: Dot Esports Image: Pixabay
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Tencent is gearing up to begin supporting esports in a big way for their mobile hit Arena of Valor. The forthcoming ecosytem of regional and collegiate tournaments will be building up to a major $500,000 championship. Arena of Valor is the westernized version of China’s massive MOBA Honor of Kings, which last summer boasted over...
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