Chinese eSports start-up Wangyudashi has completed a RMB150 million (US$23 million) series A round from Shenzhen Capital Group Co., Ltd and other unnamed investors, according to Chinese media reports. The latest proceeds will be used in the development of eSports competition engines, the layout of eSports industrial chain and arrangement of nationwide eSports competitions including […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.