Esports investment report: over $4bn committed in March 2021

According to Esports Insider’s calculations, around $4.06bn (~£2.9bn) of disclosed investment relating to esports was committed in March 2021. The majority of that money — an estimated $4bn — was used by Nuverse to acquire Moonton, the game developer behind Mobile Legends: Bang Bang — one of the hottest esports titles in the world. To read more about a story, click the link in the corresponding title. Spotlighted story ByteDance acquires Moonton for around $4bnChinese technology company and TikTok owner ByteDance hasacquired Mobile Legends: Bang Bang developer and publisher Moonton. The acquis…

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HEDGE accordingly