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The Verge

‘League of Legends’ world championship will be held in Shanghai starting in September


Even though many esports tournaments this year have been postponed or canceled due to the coronavirus pandemic, Riot Games announced that it will hold the League of Legends World Championship 2020 in Shanghai from September 25th to October 31st. The finals will be held in Pudong Soccer Stadium. The company says by hosting the event at one site rather than several different sites, they’ll be able to more closely control the show environment.

At present the plans call for early stages of the tournament to have no in-person audiences. The company says it will rely on “local guidelines” to decide whether to allow an in-person audience for the finals. If so, details about tickets and any safety measures that need to be applied will be available later this summer. Read More

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Engadget

‘League of Legends’ championship will start in Shanghai despite pandemic


The company is clearly following the practices of conventional sports that have relied on limited travel and virtual fans to minimize the risk of infections, but that also means it shares some of the same issues. While a single city reduces travel, it doesn’t eliminate travel — teams will have to fly across the planet to participate. There are also no mentions of whether or not teams will live in a “bubble,” how often they’ll be tested for COVID-19, or what happens if players get sick. Read More

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TechCrunch

Jack Ma’s fintech giant Ant starts IPO process in Hong Kong and Shanghai – TechCrunch


The Jack Ma -controlled Ant Group finally sets in motion what the market has been anticipating for years. The financial services and payments behemoth said Monday that it has kickstarted the process of a concurrent initial public offering on the Hong Kong Stock Exchange and Shanghai Stock Exchange’s Nasdaq-style Star Market.

The public listing will enable Ant, which operates the Alipay wallet used across Alibaba’s e-commerce networks, to work towards several goals: digitize China’s service industry, such as getting mom and pop shops in far-flung regions to use its payments service; drive domestic demands, such as being a conduit of government-issued coupons for consumers amid coronavirus pandemic; expand globally through its e-wallet partners in nine countries; and finally, invest in new technologies. Read More