NIP Group (NIPG) said Tuesday that it is launching a partnership with Optics Valley Traffic to co-develop a digital entertainment hub in Wuhan, China.
The company said the new high-tech esports center will feature live streaming facilities, influencer-themed districts, esports training centers, and IP-based tournaments. The center is expected to be fully operational in May, the company added.
Financial details of the partnership were not provided.
NIP Group shares were up 11% in recent premarket activity.
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