The partnership has three goals:
— IeSF (@IeSF_Master) July 26, 2016
In March the Alibaba Sports Group (Alisports) announced the World Electronic Sports Games (WESG). Min Yunhao, vice president of Alisports explained:
“We set up the WESG like an Olympic competition to help establish the tournament’s legitimacy right away and to promote eSports like a sport, not just an entertainment.”
The IeSF will fully endorse WESG Game Series initiatives.
Alisports is putting up $5.5 billion in prize money for the WESG and will invest a billion Yuan ($149 million) in associated development. Alisports plans to develop esports stadiums around China to provide venues for the competitions and a local focus for esports players and fans.
Alisports CEO, Zhang Dazhong said:
“As the most authoritative international organization in e-Sports industry, IeSF has been committed to promoting e-Sports movement into the mainstream, including pushing it into the Olympic Games, which is consistent with our ideal. We are honored to cooperate with IeSF as the exclusive global partners in a long-term. I believe the two sides will jointly promote the development of the global e-Sports industry.”
For its part, the IeSF President, Byung Hun Jun commented:
“This partnership is one big step to IeSF. I believe IeSF and Alisports will maximize each other’s strength by this partnership. I also believe e-Sports Stadium can be transformed to be a fashion place for Youth. IeSF will make our all effort to be with more e-Sports fans in more countries together with Alisports from now on.”
Earlier this year, the IeSF announced that it was establishing an Athletes Commission as the first step in seeking recognition for esports as a future Olympic event.
— IeSF (@IeSF_Master) April 15, 2016
Earlier this year, in March, Alisports announced a partnership with International Federation of Poker (IFP) to develop its proprietary game Match Poker.
Match Poker is structured similarly to duplicate bridge in that all the players are dealt the same hands so that there is no luck in the game, and teams win by skill alone.
As a preliminary step to getting Match Poker accepted as an Olympic sport, the IFP submitted an application to have the game recognized as a sport at the SportAccord General Assembly in April this year. Approval wasn’t granted, but esports may have a better case.
Recognition by SportAccord is seen as an essential precondition for acceptance as an Olympic sport, although a number of its affiliated sports federations, such as the World Darts Federation are recognized but have not been chosen for the Olympic Games.
One weakness in the case for Match Poker is that it does not have a strong global player base. The same cannot be said for esports which is not just global, but popular with a vast audience.
Should either eventually end up on the Olympic schedule, Alisports’ potential audience will expand exponentially.
Alibaba is not going it alone in developing the Chinese esports industry. Tencent has become probably the most dominant esports industry player, both inside China and globally.
Tencent’s corporate reach is quite awe inspiring. According to research by esports commentator Manny Anekal, among other esports assets the company owns:
With Alibaba and Tencent, China has a phenomenally powerful corporate position in the esports industry. Seen in this context, Alibaba’s investment alongside the IeSF is a natural extension of the confidence Chinese companies have in the future of esports.
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