netease shanghai

NetEase investing in $725 million esports stadium in China

By Michael Ruiz

In a move that will certainly shake things up between China-based game companies NetEase and Tencent, the former has planned to invest in a ¥5 billion (around $725 million) esports stadium in Shanghai, China. NetEase is calling it “China’s first large professional e-sports stadium.”

As reported by Technode, the announcement comes from the 2019 China Digital Entertainment…

Michael Ruiz
Michael Ruiz

Michael writes about video games at PlayStation Lifestyle and ComingSoon. Apart from gaming, he likes to skate, play drums, and watch the Chicago Bulls lose.

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