China remains the world's largest e-sports market despite gaming crackdown

  • 📰 CNBC
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

China remains the largest single-country market in the world with $403.1 million in e-sports revenue in 2021, Niko Partners said in a report published Thursday.

"What China has is [a] sort of advantage in the e-sports space, is a really phenomenally large market with a really huge population of gamers that are interested in e-sports content … in becoming e-sports professionals themselves," Alexander

Champlin, head e-sports at Niko Partners, told CNBC's "Squawk Box Europe" on Thursday.that limits the amount of time under 18s can play online video games — to up to three hours per week.and monetization between July 2021 and April this year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Data please?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China Stocks Hit Fresh Turbulence, Casting Doubt Over Recent ReboundA nascent recovery in Chinese stocks has global investors that were burned by Beijing’s regulatory crackdowns asking: Is it time to get bullish again on China? Weren’t there reports of bank runs of certain regions in China? And reports of people not being able to withdraw their money. Yeah good luck with those accounting practices
Source: WSJ - 🏆 98. / 63 Read more »