logo
New Partnerships to Launch Digital Entertainment Hub in China; $40 Million Investment for Entry into Global MOBA Digital Game Arena: NIP Group (Stock Symbol: NIPG)

New Partnerships to Launch Digital Entertainment Hub in China; $40 Million Investment for Entry into Global MOBA Digital Game Arena: NIP Group (Stock Symbol: NIPG)

Globe and Mail11-02-2025
$NIPG forms a strategic partnership with Optics Valley Traffic Company
• Formed by a Merger of eSports Organization Ninjas in Pyjamas and Digital Sports Group ESV5, Which Includes eStar Gaming, a World Leader in Mobile eSports.
• Current Operations in China Sweden, Abu Dhabi and Brazil.
• Chairman Mario Ho, 29, Has Become the Youngest Founder of a Nasdaq-Listed Company in Asia. Largest Global eSports Provider with US$680M Market Cap.
• Strategic Partnership with Optics Valley Traffic Company to Launch Digital Entertainment Hub.
• New High-Tech Esports Center to Include Live Streaming, Diverse Influencer-themed Districts, Esports Training Centers, IP-based Tournaments and More.
• Strategic Partnership with Abu Dhabi Investment Office for up to $40 Million
• Entered MOBA Game Arena with Re: Aetatis, Accelerating Growth in Digital Entertainment.
• Strategic Partnership with China Crown Technology Ltd, a Wholly Owned Subsidiary of The9 Limited.
NIP Group (Nasdaq: NIPG) is a digital entertainment company created for a growing global audience of gaming and esports fans. The business was formed in 2023 through a merger between legendary esports organization Ninjas in Pyjamas and digital sports group ESV5, which includes eStar Gaming, a world leader in mobile esports. MIT Graduate Chairman Mario Ho, 29, has become the youngest founder of a Nasdaq-listed company in Asia.
Building on the success of its competitive teams with an innovative mix of business ventures, including talent management, event production, hospitality and game publishing, NIPG is developing transformational experiences that entertain, inspire and connect fans worldwide to expand its global footprint and engage digital-first gamers where they are. NIPG currently has operations in Sweden, China, Abu Dhabi and Brazil, and its esports rosters participate across multiple game titles at the biggest events around the world.
Strategic Partnership with Optics Valley Traffic Company to Launch Digital Entertainment Hub in Wuhan, China
On February 11th NIPG announced a strategic partnership with Optics Valley Traffic Company ('OVTC') to co-develop a cutting-edge digital entertainment industry base beneath the East Plaza at Wuhan East Railway Station. The agreementmarks a significant step toward creating a dynamic regional hub for digital innovation and immersive entertainment experiences in Wuhan.
NIPG and OVTC will implement a "4+N" business model, focusing on four foundational pillars: comprehensive live streaming facilities, diverse influencer-themed districts, esports training centers and IP-based tournaments. The model also incorporates a range of ancillary services that enhance and support these core elements. This partnership aims to forge a dynamic digital entertainment ecosystem, further cementing Wuhan's position as a nexus for esports and cultural innovation.
This latest collaboration aligns with the NIPG strategic vision of cultivating a fully integrated digital entertainment ecosystem that spans events production, esports development, talent management, and game publishing. NIPG continues to explore innovative paths to strengthen its market position, diversify revenue streams, and deliver top-tier digital entertainment experiences to audiences worldwide.
Strategic Partnership with Abu Dhabi Investment Officefor up to $40 Million
On January 17th NIPG announced in a 6K SEC filing a multi-year partnership with ADIO Holdings Restricted Limited ('ADIO'), an Abu Dhabi incorporated company established by Abu Dhabi Investment Office. This collaboration will drive gaming, media and entertainment growth in Abu Dhabi.
Under this agreement, ADIO will provide NIPG with support totaling potentially up to approximately US$40 million in installments over a four-year period, contingent upon NIPG meeting conditions precedent and specified performance milestones, including quantitative and qualitative KPIs and revenue targets. NIPG will establish an Abu Dhabi company, designate Abu Dhabi as its global headquarters, and expand its presence in the Middle East and worldwide.
By leveraging a strengthened partnership framework, NIPG plans to increase its capacity across multiple verticals, including but not limited to esports, game publishing, events production, talent management, and creative studios. The Company will also advise ADIO on strategies to develop a thriving ecosystem for gaming and esports in the UAE, ranging from community-focused initiatives to professional-level engagement.
NIP Group Enters the MOBA Game Arena with Re: Aetatis, Accelerating Growth in Digital Entertainment
On December 20th NIPG announced the introduction of its first MOBA game: Re: Aetatis. This highly anticipated cutting-edge sci-fi MOBA mobile game began open beta testing on December 24, 2024, inviting players to experience the next evolution in competitive gaming.
Re: Aetatis marks NIP Group's bold entry into the dynamic game publishing market and a major milestone for the Company's evolution from a top esports organization to a global digital entertainment leader. Following the launch of reservations, Re: Aetatis has garnered significant attention and recognition from players and is poised to become a flagship title in NIP Group's emerging game portfolio.
NIPG is pioneering a new approach to game publishing through 'esportsification.' This process involves developing and transforming traditional video games toward competitive gaming, emphasizing the game's competitive nature, strategic depth, and entertainment value, as well as the professionalism and standardization of tournaments. Rather than just publishing a game, NIPG is able to publish, market, and create a whole ecosystem around the new game. This includes leveraging synergies across its business units, such as esports teams, event production, and talent management, to create a unified and engaging gaming experience.
Strategic Partnership with The9 Limited
On November 26th NIPG and The9 Limited announced that NIP Group has entered into a strategic partnership with China Crown Technology Limited, a wholly owned subsidiary of The9, to develop 'MIR M' into a competitive esports title. Together, both parties aim to create a game that embodies the characteristics of MIR M and is suitable for esports adoption.
China Crown secured the exclusive publishing license of 'MIR M' from Wemade Co., Ltd. in China in May 2024. The game is the latest version of the classic game "MIR", including both mobile and PC versions. China Crown's parent company, The9, listed on Nasdaq in 2004 and is one of China's earliest online game developers and operators, known for successfully introducing multiple globally renowned titles to China, such as World of Warcraft and MU Online.
NIPG and The 9 will collaborate deeply across three key areas: in-game esports integration, esports tournament system development, and promotion and marketing. NIP Group will leverage its extensive esports experience, event production capabilities, and social media resources both domestically and internationally, in combination with the vast player base of the game soon to be released by The9, to expand the market jointly. In addition, they will build a highly commercialized tournament ecosystem centered around the game and provide extensive support for its global promotion. This includes creating a synchronized, comprehensive, and highly efficient esports marketing network that resonates with esports fans.
For more information on $NIPG visit: https://nip.gl https://compasslivemedia.com/nipg/
Disclosure listed on the CorporateAds website
Media Contact
Company Name: NIP Group
Contact Person: Mario Ho, Chairman and Co-CEO
Email: Send Email
Phone: +46 8133700
Country: China
Website: https://nip.gl
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Massimo Group (NASDAQ: MAMO) Expands Retail Footprint into Oregon and Arkansas
Massimo Group (NASDAQ: MAMO) Expands Retail Footprint into Oregon and Arkansas

Globe and Mail

time28 minutes ago

  • Globe and Mail

Massimo Group (NASDAQ: MAMO) Expands Retail Footprint into Oregon and Arkansas

Massimo Group (NASDAQ: MAMO) announced that its subsidiary, Massimo Motor, has secured licensing with partners to launch sales in Oregon and Arkansas, adding more than 100 big-box retail locations to its existing network. Products are expected to be available in early September, with the expansion projected to boost holiday season sales. The move follows strategic sourcing and logistics enhancements, including expanded factory partnerships in Vietnam, that have improved lead times, product flow and operational flexibility to meet seasonal demand. To view the full press release, visit About Massimo Group Massimo Group is a manufacturer and distributor of manufacturers of powersports products. Headquartered in Texas, the company offers a full lineup of UTVs, ATVs, and minibikes built for outdoor adventure. Massimo Group is dedicated to providing high-performance, reliable, and affordable vehicles for consumers across the United States. About InvestorWire InvestorWire ('IW') is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today's market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge. For more information, please visit Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published: InvestorWire Austin, Texas 512.354.7000 Office Editor@ InvestorWire is powered by IBN

Bick's pickles disappear from some Canadian shelves amid tariff dispute
Bick's pickles disappear from some Canadian shelves amid tariff dispute

CTV News

timean hour ago

  • CTV News

Bick's pickles disappear from some Canadian shelves amid tariff dispute

Some Canadian shoppers have noticed something missing from their local grocery store shelves - and experts say it's a case study on how tariffs can reduce choices and raise prices. Bick's pickles, the iconic brand founded in Canada in 1951, is now owned by U.S.-based TreeHouse Foods. While the cucumbers and jar lids are sourced in Canada, the pickles are processed in the U.S. before being shipped back north. Under current trade rules, that makes them subject to counter-tariffs Ottawa imposed in response to U.S. duties on Canadian goods. 'It's a bit weird because the Bick's product is actually more Canadian than some properly labelled Canadian pickles,' Sylvian Charlebois, professor of food distribution and policy at Dalhousie University, told CTV's Your Morning Tuesday. Charlebois says the policy, aimed at pressuring Washington, ends up hurting domestic competition. 'We're tariffing products that are actually grown in Canada. If you reduce supply, prices tend to go up.' Some Canadian retailers will still carry Bick's, he noted, but availability will be reduced. Alternatives like Mrs. White's pickles, made in Canada, are still on store shelves. Ian Lee, a business analyst at Carleton University, calls the situation a 'lose-lose proposition' that punishes Canadian farmers, manufacturers and consumers. 'The jar gets hit by Canadian tariffs,' Lee told CTV News Channel in an interview Monday. 'The profit margins in grocery retailing are already razor-thin, so some stories just take them off the shelf.' According to CTV News Winnipeg, a Sobeys in the city let customers know that tariffs will impact what they can stock on their shelves. In July, a sign placed in the Winnipeg store on a shelf that normally holds Bick's Pickles read, 'Bick's Pickles are currently unavailable as an unfortunate impact of tariffs. We are pleased to offer a selection of alternatives for your shopping convenience.' The tariffs were introduced as retaliation to U.S. duties introduced by U.S. President Donald Trump. But Lee says mimicking the U.S. approach does more harm than good. 'We're poking Donald Trump in the eye but we're hurting Canadians in the process,' Lee said. has reached out to TreeHouse Foods, Sobeys and Loblaw for comment.

Deadline Approaching: Lineage, Inc. (LINE) Investors Who Lost Money Urged To Contact Law Offices of Howard G. Smith
Deadline Approaching: Lineage, Inc. (LINE) Investors Who Lost Money Urged To Contact Law Offices of Howard G. Smith

Globe and Mail

timean hour ago

  • Globe and Mail

Deadline Approaching: Lineage, Inc. (LINE) Investors Who Lost Money Urged To Contact Law Offices of Howard G. Smith

Law Offices of Howard G. Smith reminds investors of the upcoming September 30, 2025 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Lineage, Inc. ('Lineage' or the 'Company') (NASDAQ: LINE) common stock pursuant and/or traceable to the registration statement used in connection with the Company's July 2024 initial public offering (the 'IPO'). IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN LINEAGE, INC. (LINE), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@ by telephone at (215) 638-4847 or visit our website at What Happened? In July 2024, Lineage conducted its IPO, selling over 65 million shares of common stock at $78 per share. On November 6, 2024, Lineage released its third quarter 2024 financial results, revealing that it had suffered a $543 million net loss during the quarter. On this news, Lineage's stock price fell $5.22, or 7.4%, to close at $65.79 per share on November 6, 2024, thereby injuring investors. Then, on January 14, 2025, The Wall Street Journal reported that Lineage was laying off employees due to reduced customer demand only six months after its IPO. Then, on April 7, 2025, Lineage announced the dismissal of its auditor, KPMG LLP. On this news, Lineage's stock price fell $5.29, or 9.9%, over two consecutive trading days, to close at $48.41 per share on April 8, 2025. Then, on April 30, 2025, Lineage reported first quarter 2025 financial results, including that '[t]otal revenue decreased (2.7)%' to $1.29 billion for the quarter. The Company stated it 'experienced more normal seasonal trends in the first quarter after multiple years of elevated inventory levels.' On this news, Lineage's stock price fell $8.16, or 14.62%, to close at $47.65 per share on April 30, 2025, thereby injuring investors further. On June 3, 2025, the Company stated at an Investor Conference that there has been 'pretty much flat demand' for Lineage's products and services and that the Company was operating in a 'flattish environment' in terms of demand. The price of Lineage stock has remained substantially below the IPO price at the time of this complaint's filing. What Is The Lawsuit About? The complaint filed in this class action alleges that the Registration Statement made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that Lineage was then experiencing sustained weakening in customer demand, as additional cold-storage supply had come on line, the Company's customers destocked a glut of excessive inventory built up during the COVID-19 pandemic, and the Company's customers shifted to maintaining leaner cold-storage inventories on a go-forward basis in response to changed consumer trends; (2) that Lineage had implemented price increases in the lead-up to the IPO that could not be sustained in light of the weakening demand environment facing the Company; (3) that Lineage was unable to effectively counteract the adverse trends listed in the foregoing through the use of minimum storage guarantees or as a result of operational efficiencies, technological improvements, or its purported competitive advantages; (4) that, as a result of the foregoing, rather than enjoying stable revenue growth, high occupancy rates, and steady rent escalation as represented in the Registration Statement, Lineage was in fact suffering from stagnant or falling revenue, occupancy rates, and rent prices; and (5) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. If you purchased or otherwise acquired Lineage common stock pursuant and/or traceable to the IPO, you may move the Court no later than September 30, 2025 to ask the Court to appoint you as lead plaintiff if you meet certain legal requirements. Contact Us To Participate or Learn More: If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us: Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, Telephone: (215) 638-4847 Email: howardsmith@ Visit our website at: To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store