|Bid||561.500 x 0|
|Ask||562.000 x 0|
|Day's Range||557.000 - 564.500|
|52 Week Range||314.600 - 574.000|
|Beta (5Y Monthly)||1.00|
|PE Ratio (TTM)||50.98|
|Earnings Date||Nov 12, 2020|
|Forward Dividend & Yield||1.20 (0.21%)|
|Ex-Dividend Date||May 15, 2020|
|1y Target Est||388.16|
Following the news that China’s esport giant VSPN (Versus Programming Network) has raised close to $100 million in a Series B funding round, led by Tencent Holdings, TechCrunch interviewed founder and CEO Dino Ying via email about his strategy for the company. Founded in 2016 and headquartered in Shanghai, VSPN was one of the early pioneer in esports tournament organization and content creation out of Asia. VSPN began hosting the first large-scale esport event with offline audiences in August, although tournaments now operate under strict COVID-19 prevention measures.
Further confirmation that the esports market is booming amid the pandemic comes today with the news that esports ‘total solutions provider’ VSPN (Versus Programming Network) has raised what it describes as ‘close to’ $100 million in a Series B funding round, led by Tencent Holdings . Other investors that participated in the round include Tiantu Capital, SIG (Susquehanna International Group), and Kuaishou. The funding round will go towards improving esports products and its ecosystem in China and across Asia.
China's top cyber authority said on Monday it would carry out a "rectification" of Chinese mobile internet browsers to address what it called social concerns over the "chaos" of information being published online. China has tightened already strict internet censorship rules in recent years. In the latest crackdown, the Cyberspace Administration of China (CAC) gave browsers two weeks to conduct a self-examination focusing on problems including the spreading of rumours, use of sensationalist headlines and publishing of content that violates the core values of socialism.