Alibaba Group invests $150 millions in the development of esports in China

The big companies notice the huge perspective of esports.

The information appeared that the Chinese public company working in a sphere of e-commerce - Alibaba - invested $150,000,000 in the development of esports of the Chinese region. AliSports and Changju signed the contract for 3 years, according to which Changju will become the captain of the esports in China. Here, the qualifiers and grand-finals will take place.

Alibaba Group is the Chinese public company working in the sphere of e-commerce. The head office is located in Hangzhou. The main activities of the company are trading between companies and online retail.

Due to this organization, WESG 2016 tournament is now taking place in China.