We are initiating coverage on NIP Group (NIPG). NIPG is a digital entertainment company serving the global gaming and esports community. Formed in 2023 through the merger of Sweden’s Ninjas in Pyjamas (NIP) and China’s ESV5, the company leverages decades of competitive gaming excellence alongside ventures in talent management, event production, game publishing, and hospitality. With operations in Sweden, China, Abu Dhabi, and Brazil, NIP Group competes in major tournaments across multiple game titles and has cultivated a global fan base of over 100 million, including fans of its athletes and entertainers by the end of 2024.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.