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Chinese e-commerce conglomerate Alibaba Group's (NYSE: BABA) sports subsidiary Ali Sports has announced the establishment of an e-sports tournament and an e-sports business division, as well as the launch of an open platform for e-sports. Read More
An industry source revealed today that Beijing-based online game developer and operator Perfect World (Nasdaq: PWRD) has licensed the upcoming action real-time strategy game DOTA 2 from U.S.-based developer Valve Corporation in an agreement covering operator rights for at least the Mainland China region, and possibly other regions. Read More