Tencent bets big on esports in China

Jamie McKane

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Tencent bets big on esports in China

The screams of 18,000 people packed into a Shanghai stadium swell to a crescendo. Slight of figure and mostly bespectacled, 10 young men take their seats in LED-lined boxes straight out of Tron, don headsets, lock thumbs onto giant smartphones -- and the battle begins.

At stake, a $1.8 million purse -- and social media goliath Tencent’s role in a $13 billion esports arena.

[Bloomberg]
 
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