Esports excellence

Chinese esports club EDward Gaming's victory at the League of Legends 2021 World Championship in Iceland was yet another example of China's fast-growing esports market. According to the 2021 Chinese Esports Development Report, published by Tencent Esports and Penguin Intelligence, the number of Chinese esports users has reached a staggering 425 million. Revenue from the market totaled $360 million in 2021, a 14 percent increase on the previous year, to make China the most profitable esports market in the world.