Tencent leads new investment in Chinese esports operator VSPN


Source: sportcal.com sportcal.com

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Tencent leads new investment in Chinese esports operator VSPN eSports Tencent, the Chinese digital platform, is the lead investor in a Series B funding round for esports solutions provider Versus Programming Network (VSPN). Shanghai-based VSPN said today it had raised close to $100 million in the round. Other investors include Tiantu Capital, Susquehanna International Group (SIG) and Kuaishou. It is claimed the new funding will go towards improving esports products and VSPN’s ecosystem in China and other parts of Asia. The company was founded in 2016 as one of the first Asian esports tournament organisers and content creation companies and...