Benzinga | Aug 3, 2020 05:41AM EDT

Bilibili Announces Three-Year Strategic Partnership with Riot Games for Live Broadcasting League of Legend Events in China

Bilibili Inc. ("Bilibili" or the "Company") (NASDAQ:BILI) today announced its strategic partnership with Riot Games, the developer of leading MOBA League of Legends, among others, for granting Bilibili a three-year exclusive license for live broadcasting the League of Legend Esports ("LoL Esports") global events (in Mandarin only), including the world-renowned League of Legend World Championship, Mid-Season Invitational, and All-Star Event in China beginning in 2020 through the 2023 Mid-Season Invitational.

To mark the 10th anniversary of the League of Legend World Championship, Bilibili will join forces with Riot Games to host various online and offline esports events, bringing the world renowned, global tournament to even broader audiences.

"We are excited to reach a strategic partnership with Riot Games," said Carly Lee, the Vice Chairwoman of the Board and COO of Bilibili. "Throughout the past decade, we have witnessed esports becoming mainstream and one of the most popular sports among China's young generations. As an internet company headquartered in Shanghai, we also look forward to helping the city strengthen its leading position in the global esports industry."

"We continuously look to share our tournaments to a wider fan base across different platforms, and we have full confidence in Bilibili to elevate this superb tournament to the next level," said John Needham, Global Head of Esports, Riot Games. "Our partnership with Bilibili opens us to new audiences by their immersive live-broadcasting experience. Moving into the next decade of LoL Esports, this strategic partnership further unlocks our potential to bring fresh content and chapters to the world's top professional players."

AboutBilibiliInc.