Investments, Press Release
Huya Announces Launch of a New Team in the Overwatch League

Huya Announces Launch of a New Team in the Overwatch League

HUYA Inc., a leading game live streaming platform in China, today announced that it will operate a newly-established esports team and join the Overwatch LeagueTM, the first major global professional esports league with city-based teams across Asia, Europe, and North America. This Chengdu-based new team will join the Overwatch League for the start of its 2019 season. This business collaboration between Huya and the Overwatch League reaffirms Huya’s strategic focus on esports.

“We just capped an amazing inaugural Overwatch League season, crowning our first-ever Grand Finals champion in front of a sold-out crowd of dedicated and passionate fans,” said Mr. Pete Vlastelica, president and CEO of Activision Blizzard Esports Leagues. “Now, as we look forward to the 2019 season and beyond, we’re adding eight new teams that will help us grow our league in important regions around the globe. We know that the difference between a good league and a great league is its owners, and we set a high bar for our first season with the caliber of ownership groups. Every one of these expansion franchises cleared that bar and will make our league even better.”

“We’re delighted to establish a deep partnership with the Overwatch League,” said Mr. Henry Sha, Chief Financial Officer of Huya. “We’re excited by the growth potential of esports, and we’re looking forward to leveraging our gaming expertise and capabilities. As a leader in China’s game live streaming industry, we think we can help grow the popularity of the Overwatch League by providing unique resources and a large viewer base. We believe our team in Chengdu will demonstrate Huya’s focus on the global esports industry and will further expand esports awareness and participation of Chinese gaming enthusiasts.”

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About HUYA Inc.

HUYA Inc. is a leading game live streaming platform in China with a large and active game live streaming community. The Company cooperates with esports event organizers, as well as major game developers and publishers, and has developed esports live streaming as one of the most popular content genres on its platform. The Company has created an engaged, interactive and immersive community for game enthusiasts of China’s young generation. Building on its success in game live streaming, Huya has also extended its content to other entertainment content genres. Huya’s open platform also functions as a marketplace for broadcasters and talent agencies to congregate and closely collaborate with the Company.

About the Overwatch League™

The Overwatch League™ is the first major global professional esports league with city-based teams across Asia, Europe, and North America. Overwatch® was created by globally acclaimed publisher Blizzard Entertainment (a division of Activision Blizzard—Nasdaq :ATVI ), whose iconic franchises have helped lay the foundations and push the boundaries of professional esports over the last 15 years. The latest addition to Blizzard’s stable of twenty-two #1 games,[1] Overwatch was built from the ground up for online competition, with memorable characters and fast-paced action designed for the most engaging gameplay and spectator experiences. To learn more about the Overwatch League, visit www.overwatchleague.com.

(Image) Source: Press release

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