As Gulf countries implement plans to diversify their economies and create jobs, they are increasingly investing in the growing industry around competitive video games known as electronic sports (e-sports). In February the gaming unit of Saudi Arabia’s Public Investment Fund, Savvy Games Group, purchased a $265m stake in China’s Tencent Holdings-backed e-sports company VSPO, becoming its largest equity holder.
Savvy Games Group also increased its share of Japanese gaming giant Nintendo to 8.3%, after purchasing a 5% position in the company…Can E-Sports Help Gulf Countries Diversify Away From Oil?
Понравилась статья? Подпишитесь на канал, чтобы быть в курсе самых интересных материалов
Подписаться