Introduction
With the rise of the esports industry, many companies have started to invest in its developm
Introduction
With the rise of the esports industry, many companies have started to invest in its development. Tencent, a Chinese multinational conglomerate, has been at the forefront of supporting the growth of the esports industry. In this article, we will discuss how Tencent is supporting the esports industry by investing in esports games.
Tencent’s Investment in Esports Games
Tencent has invested heavily in popular esports games, such as League of Legends, Fortnite, PUBG, and Honor of Kings. The company has also developed its own esports game, Arena of Valor, which has gained massive popularity in the mobile esports scene. By investing in these games, Tencent has not only helped the games to grow but has also created opportunities for esports players and teams to earn a living from competing in these games.
Supporting Esports Events
Tencent has also been actively supporting esports events. In 2019, the company announced the creation of the Global Esports Federation (GEF) in partnership with other major esports organizations. This has enabled Tencent to support esports events on a global scale. The company has also been organizing its own esports events, such as the Tencent Esports Open and Tencent Global Esports Summit.
Infrastructure Support
Tencent is also providing infrastructure support for the esports industry. The company has invested in the construction of esports stadiums and training centers in China and abroad. This has created a conducive environment for esports players and teams to train and compete at a professional level. Tencent has also partnered with universities to create esports leagues, providing a platform for students to develop their skills and pursue careers in esports.
Investment in Esports Streaming Platforms
Tencent has also invested in esports streaming platforms, such as Huya and DouYu. These platforms provide a means for fans to watch esports competitions and for esports players to build their fan base. Tencent’s investment in these platforms has not only provided a source of revenue for the companies but has also enabled them to improve their services and support the growth of the esports industry.
Conclusion
Tencent’s support for the esports industry has been significant. From investing in esports games and events, providing infrastructure support, and investing in streaming platforms, Tencent has played a major role in the growth of this industry. As the esports industry continues to grow, we can expect Tencent to continue its support, creating more opportunities for players, teams, and fans alike.