Tencent and FEG Prepare $15 M USD To Expand Kings of Glory Competition to South Korea

It’s not Tencent if it doesn’t give a surprise in the game world, right, bro? recently Chinese E-sports company Fighting Esports Group has closed its Series A funding round with a fantastic figure of 100M RMB ($15M USD).

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Fighting Esports Group (FEG) will also partner with Tencent to expand the Honor of Kings league to South Korea.

FEG is an online gaming Organization based in China brott, working to grow mobile E-sports around the world. According to sources, FEG will partner with Tencent to expand KPL’s Honor of Kings competition to South Korea.

This funding round was led by China Sports Capital with participation from SAIF Partners and Sea of Stars Capital.

Chinese esports company Fighting Esports Group (FEG) has raised nearly 100 million RMB ($15 million USD) in a series A funding series. The round was led by China Sports Capital, a partnership between Sequoia Capital and partner CMC Capital.

SAIF Partners and Sea of Stars Capital also participated in a funding round to support the growing and promising world of mobile e-sports for long-term businesses.

This competition will later be named the Korean King Pro League (KRKPL).