ONE Championship to invest up to US$50m in e-sports with partners

Singapore

SINGAPORE-BASED martial arts organisation, ONE Championship, on Wednesday said it intends to lead a plan to invest up to US$50 million alongside key partners, including Singapore companies Razer and Singtel, to create Asia's largest global e-sports championship series - ONE eSports.

ONE Championship and Dentsu, Japan's largest global advertising agency, have agreed to launch ONE eSports as a joint venture together in 2019. Razer, Singtel and other top industry players have also entered into partnership Memoranda of Understanding with ONE eSports to lead Asia's e-sports industry together.