News Snapshot:
Image Source: Visual China BEIJING, July 29 (TMTPost) – China has become the largest e-sports market in the world in terms of revenue, according to a report released by Asian Electronic Sports Federation (AESF), Tencent E-Sports and Qie Youdiao on Thursday. The report, released by the AESF at the 2022 Global E-Sports Leader Summit in Hangzhou, shows that in 2022 global e-sports audience had reached 532 million. The revenue of global e-sports events hit US$1.384 billion in 2022. The figure is expected to grow to US$1.8 billion in 2025 with an annual compound growth rate of 13.4%. The Chinese e-sports...
