# Hong Kong Esports

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hong-kong-esports

- Industry: Software
- Headquarters: Hong Kong, Hong Kong SAR - China
- Website: www.hkesports.com
- Latest round: Series A (Jan 4, 2017)
- Investors on record: 1

## About

Hong Kong Esports Ltd. is a competitive gaming company specializing in organizing esports tournaments and events, fostering a vibrant community for both amateur and professional gamers in Asia.Founded in 2013 in Hong Kong, Hong Kong Esports Ltd. focuses on the electronic sports sector, organizing esports tournaments and events. The company has undergone no reported pivots and is not known to be a subsidiary of another firm. Derek Cheung serves as both the Founder and CEO, with no previous company founding history documented. In January 2017, Hong Kong Esports Ltd. raised an undisclosed amount of Series A funding from Autobot Capital Partners and other investors, marking a significant investment in the company's growth.Hong Kong Esports Ltd. (HKES) primarily focuses on the burgeoning sector of electronic sports (esports), providing a range of competitive gaming services and events. The company organizes and hosts esports tournaments, specifically for popular games such as "Arena of Valor" (also known as "????"). The target audience includes both amateur and professional gamers, fostering a community that supports competitive gaming. HKES emphasizes player development by offering information and resources about players and events on their platforms, catering to a diverse client base across Asia, particularly in Hong Kong and Taiwan.Revenue generation for Hong Kong Esports Ltd. is primarily structured around esports event management and player sponsorships. The company engages in direct-to-consumer transactions through ticket sales for tournaments and digital content subscriptions that offer exclusive access to events and player insights. Additionally, partnerships with brands create sponsorship opportunities, enhancing revenue through B2B collaborations. Specific pricing plans are tailored to different services offered, such as individual tickets versus bundled packages for multiple events, facilitating a variety of purchasing options for consumers. Flagship services revolve around the organization of high-profile tournaments, solidifying HKES's presence in the competitive gaming landscape.Hong Kong Esports Ltd. is strategically planning to expand its offerings and reach. They are currently developing new esports events and tournaments aimed at engaging a broader audience, with plans for launch in 2024. The company seeks to expand into new geographic markets, specifically targeting Southeast Asia by 2025. The funding raised in January 2017 will support these initiatives, allowing for enhanced marketing efforts and infrastructure development necessary for successful expansion.

## Funding rounds

- Series A, Jan 4, 2017 — Autobot Capital Partners

## Investors

- Autobot Capital Partners (https://capitalatlas.ai/funds/autobot-capital-partners) — Series A