Bilibili Gaming sets up operations in Xinwu

Bilibili Gaming advances to the Valorant Champions 2024. [Photo/WeChat account: xinwu_wx]

Bilibili Gaming has officially signed on to set up operations at the Esports Industry Base in Xinwu district, Wuxi.

Founded in 2009, Bilibili is a popular cultural community and video platform, with over 336 million monthly active users. Its business scope includes gaming, advertising, esports, e-commerce, and other value-added services.

Bilibili Gaming, a subsidiary of Bilibili, was established in 2017, focusing on the esports sector. The club has garnered over 10 million fans across online platforms and generates annual revenue exceeding 100 million yuan ($142.63 million).

The Xinwu Esports Industry Base is established in 2021. [Photo/WeChat account: xinwu_wx]

The Xinwu Esports Industry Base, established in 2021, is one of the five national demonstration bases built by the China Esports IoT Industry Alliance. Currently, over 20 esports-related companies have established a presence in the base, reaching a scale of 1 billion yuan.