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World e-Sports Games, a JV with Alibaba & Yuuzoo

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halleluyah
    05-Oct-2016 08:54  
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Will b in top vol play tdy.....chiong arhhhhhhhh..............
 
 
destinykraze
    04-Oct-2016 21:00  
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nice... good news indeed.

andysim83      ( Date: 04-Oct-2016 17:26) Posted:



no wonder the volume so high today...more upside coming...

yoyoyoyo      ( Date: 04-Oct-2016 17:20) Posted:



FOR IMMEDIATE RELEASE Alisports Extends to 5 years its Management Agreement with YuuGames for its eSports Arenas, Targeting China&rsquo s 450 Million Gamers Key Highlights: &bull YuuGames, the Chinese j.v. of YuuZoo Corp Ltd and Alisports, the subsidiary of China&rsquo s leading e-Commerce company Alibaba, have signed a 5-year extension of the recently signed 1-year management agreement for YuuGames to manage all of AliSports&rsquo s eSports Arenas in China. &bull The extension between YuuGames and Alisports is expected to generate a steady and strong new revenue stream via gaming, eCommerce and social network services for the huge gaming market in China, with an estimated 450 million gamers and an online gaming market size of 150 billion RMB. 1 CHINA & SINGAPORE, October 4th 2016 &ndash YuuGames, the Chinese joint venture company of Singapore-based YuuZoo Corporation Limited (&ldquo YuuZoo&rdquo SGX: AFC), today announced the extension of its management agreement with Alisports, a subsidiary of Chinese e-Commerce giant Alibaba, for the management of Alisports eSports Arenas throughout China. The agreement is now set to last until February 2021, bringing the full contract commitment to a total of 5 years from the initial period of 1 year. After a successful collaboration for the China Qualifiers of the World Electronic Sports Games (WESG), which in just 2 months drew thousands of participants across 15 Chinese provinces, YuuGames and Alisports have strengthened their commitment to each other by extending to 5 years the initial 1-year management agreement. The announcement comes at a time when China&rsquo s gaming market is booming. China is the global leader in game revenues, with Chinese gaming revenues estimated to be over 150 billion RMB in 2016. The Arena Operation scheme is conceived to transfigure internet café s in China into eSports Arenas with eSports and e-Commerce as main revenue drivers. eSports spurs online game revenue, as gamers spend on online game products. The e-Commerce market in China is estimated to be worth around 20 trillion RMB, with the projection of hitting 28 trillion RMB by 2018. 2 On top of these 2 main revenue drivers, advertising and sponsorship revenue will add to the ability of YuuGames and AliSports to generate a steady and strong new revenue stream. YuuGames has vast experience in the Chinese gaming industry, and enjoys a close and strong relationship with China&rsquo s internet cafes, which number close to 150,000. YuuGames is transfiguring internet cafes into eSports Arenas across 15 Chinese provinces including Shanghai, Qingdao, Changsha, Hefei, Beijing, Shenyang, Nanning, Chengdu, Wuhan, Xian, Shenzhen, Hangzhou, Fuzhou, Harbin and Kunming. The transfiguration is expected to not only benefit YuuGames and AliSports but also the many internet cafes who, while adopting online gaming as a core service, are able to streamline their business focus and yield new revenues and profits in both eSports and e-Commerce. " We sincerely appreciate the trust and confidence Alisports has shown us by extending the relationship to five years," says Mohandas, Head of Global Business Operations of YuuZoo and YuuGames. &ldquo YuuZoo is building digital turnkey platforms and solutions which generate revenue via social networking, e-Commerce, eSports and games in a marketplace which is a one-stop haven for users. We are very pleased to work with AliSports in China in transforming an old Internet café concept into an exciting new eSports environment that enables hundreds of millions of people to be part of the booming eSports scene in China." ### ABOUT ALISPORTS Alisports was set up in September with Alibaba as majority owner alongside Sina and Yunfeng Capital, an investment firm owned by Alibaba chairman Jack Ma Yun. The company is focused on China&rsquo s sports market, which has been forecast by the government&rsquo s state council to grow to 5 trillion yuan by 2025. The government has declared sport as the next driver of economic growth. Alisports CEO is Zhang DaZhong, former COO of Shanghai Media Group (SMG). The plan of Alisports involves leveraging the reams of data on the hundreds of millions of users of Alibaba web products to encourage them to become sports fans and participants &ndash and then splash out on sports events, merchandise and equipment. Alisports aims to be the go-to provide of web-shops, profile sites, etc. for global sports stars and teams aiming to connect with those millions of consumers. In the six months since founding, Alisports has agreed on deals to screen the NFL in China, sponsor FIFA Club World Cup, and signed partnerships with Brazil star Ronaldo and the governing bodies of boxing and basketball. ABOUT YUUGAMES YuuGames was founded in 2015 as a jv between Singapore-based social networking, ecommerce and gaming platform YuuZoo Corporation Limited (&ldquo YuuZoo&rdquo SGX: AFC) and Chinese XG AMA. Relying on YuuGames&rsquo &ldquo Elite 500&rdquo eSports arena alliance strategy, the Company is working with thousands of internet cafes partners in more than 20 provinces throughout China, enabling them to offer their tens of millions of users a new eSports and ecommerce platform. YuuGames has also signed contracts to organize several leading eSports tournaments in China, including the ESCC internet café league, and Alisports&rsquo WESG World Cyber Games. ABOUT YUUZOO Headquartered in Singapore and listed on the SGX mainboard (SGX: AFC), with access to over 118 million registered users in 164 countries, YuuZoo uniquely combines social networking, eCommerce and gaming in a mobile-optimised, fully localised tribal marketplace, where the consumer can access hundreds of tribal social networks, shops and entertainment through one single login. YuuZoo grows its international business through a network of franchisees and partners. The network currently covers 68 countries. To see YuuZoo&rsquo s tribal marketplace, log into: www.yuuzoo.com. For more information about YuuZoo, please log on to: www.yuucorp.com For more information, please contact: Ashley Wu Executive, Media Relations DID: +65 6577 0658 Mobile: +65 9733 8216 Email: [email protected] Reference(s) 1Source: Newzoo &ldquo Leading gaming markets worldwide in 2016, by gaming revenue&rdquo http://www.statista.com/statistics/308454/gaming-revenue-countries/ 2 Source: China i-Research Survey &ldquo Online Game spending and revenue in China from 2007 to 2016&rdquo © Statista 2016 https://www.statista.com/statistics/257452/online-game-spending-and-revenue-in-china/ 3 Source: China, iResearch &ldquo Gross merchandise volume of China' s e-commerce market from 2008 to 2018&rdquo © Statista 2016 http://www.statista.com/statistics/278552/gross-merchandise-volume-of-the-ecommerce-industry-in-china/


 
 
Richard828
    04-Oct-2016 20:37  
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People are waiting for yuuzoo to appoint one auditor.

luckyfa      ( Date: 04-Oct-2016 18:00) Posted:

Hopefully more fund managers / investors ready to buy up....

 

 
luckyfa
    04-Oct-2016 18:00  
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Hopefully more fund managers / investors ready to buy up....
 
 
sheerluck
    04-Oct-2016 17:45  
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This extension is worth S55mil to Yuuzoo.   Job done for Q4.   All huat together.
 
 
jayarumah
    04-Oct-2016 17:43  
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think the likelihood of u having "inside info" is higher....leh....right ?
u say : good news (today have news)
u say : e sport china (news about e sport in china)

luckyfa      ( Date: 04-Oct-2016 16:21) Posted:

E-sport is HOT HOT HOT in China and other regions....yuuzoo to gain Fame and profit too....ecommerce is booming too....Not surprise to see share price x2,x3,x4.......On & on......

 

 
jayarumah
    04-Oct-2016 17:37  
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u also seem to have "inside info" leh....?
so zhun
song hor

halleluyah      ( Date: 04-Oct-2016 16:52) Posted:



Ah boy, gd luck.....chiong arhhhhh.....agak gd news coming.....

brandnew      ( Date: 04-Oct-2016 16:27) Posted:



aunty arh, long time no meet, your wish shall be fulfilled, not to worry. huat ah!


 
 
jayarumah
    04-Oct-2016 17:35  
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u seem to have "inside info" leh ....?
so accurate so zhun

luckyfa      ( Date: 04-Oct-2016 10:09) Posted:

Another option, good news pending!!!!!! Have to think positive.....yuuzoo not always 'Lau sai' one...'BLACK GOLD' for this......

 
 
luckyfa
    04-Oct-2016 17:27  
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share price x2,x3,x4.......On & on......

Good news just released......

 

luckyfa      ( Date: 04-Oct-2016 16:21) Posted:

E-sport is HOT HOT HOT in China and other regions....yuuzoo to gain Fame and profit too....ecommerce is booming too....Not surprise to see share price x2,x3,x4.......On & on......

 
 
andysim83
    04-Oct-2016 17:26  
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no wonder the volume so high today...more upside coming...

yoyoyoyo      ( Date: 04-Oct-2016 17:20) Posted:



FOR IMMEDIATE RELEASE Alisports Extends to 5 years its Management Agreement with YuuGames for its eSports Arenas, Targeting China&rsquo s 450 Million Gamers Key Highlights: &bull YuuGames, the Chinese j.v. of YuuZoo Corp Ltd and Alisports, the subsidiary of China&rsquo s leading e-Commerce company Alibaba, have signed a 5-year extension of the recently signed 1-year management agreement for YuuGames to manage all of AliSports&rsquo s eSports Arenas in China. &bull The extension between YuuGames and Alisports is expected to generate a steady and strong new revenue stream via gaming, eCommerce and social network services for the huge gaming market in China, with an estimated 450 million gamers and an online gaming market size of 150 billion RMB. 1 CHINA & SINGAPORE, October 4th 2016 &ndash YuuGames, the Chinese joint venture company of Singapore-based YuuZoo Corporation Limited (&ldquo YuuZoo&rdquo SGX: AFC), today announced the extension of its management agreement with Alisports, a subsidiary of Chinese e-Commerce giant Alibaba, for the management of Alisports eSports Arenas throughout China. The agreement is now set to last until February 2021, bringing the full contract commitment to a total of 5 years from the initial period of 1 year. After a successful collaboration for the China Qualifiers of the World Electronic Sports Games (WESG), which in just 2 months drew thousands of participants across 15 Chinese provinces, YuuGames and Alisports have strengthened their commitment to each other by extending to 5 years the initial 1-year management agreement. The announcement comes at a time when China&rsquo s gaming market is booming. China is the global leader in game revenues, with Chinese gaming revenues estimated to be over 150 billion RMB in 2016. The Arena Operation scheme is conceived to transfigure internet café s in China into eSports Arenas with eSports and e-Commerce as main revenue drivers. eSports spurs online game revenue, as gamers spend on online game products. The e-Commerce market in China is estimated to be worth around 20 trillion RMB, with the projection of hitting 28 trillion RMB by 2018. 2 On top of these 2 main revenue drivers, advertising and sponsorship revenue will add to the ability of YuuGames and AliSports to generate a steady and strong new revenue stream. YuuGames has vast experience in the Chinese gaming industry, and enjoys a close and strong relationship with China&rsquo s internet cafes, which number close to 150,000. YuuGames is transfiguring internet cafes into eSports Arenas across 15 Chinese provinces including Shanghai, Qingdao, Changsha, Hefei, Beijing, Shenyang, Nanning, Chengdu, Wuhan, Xian, Shenzhen, Hangzhou, Fuzhou, Harbin and Kunming. The transfiguration is expected to not only benefit YuuGames and AliSports but also the many internet cafes who, while adopting online gaming as a core service, are able to streamline their business focus and yield new revenues and profits in both eSports and e-Commerce. " We sincerely appreciate the trust and confidence Alisports has shown us by extending the relationship to five years," says Mohandas, Head of Global Business Operations of YuuZoo and YuuGames. &ldquo YuuZoo is building digital turnkey platforms and solutions which generate revenue via social networking, e-Commerce, eSports and games in a marketplace which is a one-stop haven for users. We are very pleased to work with AliSports in China in transforming an old Internet café concept into an exciting new eSports environment that enables hundreds of millions of people to be part of the booming eSports scene in China." ### ABOUT ALISPORTS Alisports was set up in September with Alibaba as majority owner alongside Sina and Yunfeng Capital, an investment firm owned by Alibaba chairman Jack Ma Yun. The company is focused on China&rsquo s sports market, which has been forecast by the government&rsquo s state council to grow to 5 trillion yuan by 2025. The government has declared sport as the next driver of economic growth. Alisports CEO is Zhang DaZhong, former COO of Shanghai Media Group (SMG). The plan of Alisports involves leveraging the reams of data on the hundreds of millions of users of Alibaba web products to encourage them to become sports fans and participants &ndash and then splash out on sports events, merchandise and equipment. Alisports aims to be the go-to provide of web-shops, profile sites, etc. for global sports stars and teams aiming to connect with those millions of consumers. In the six months since founding, Alisports has agreed on deals to screen the NFL in China, sponsor FIFA Club World Cup, and signed partnerships with Brazil star Ronaldo and the governing bodies of boxing and basketball. ABOUT YUUGAMES YuuGames was founded in 2015 as a jv between Singapore-based social networking, ecommerce and gaming platform YuuZoo Corporation Limited (&ldquo YuuZoo&rdquo SGX: AFC) and Chinese XG AMA. Relying on YuuGames&rsquo &ldquo Elite 500&rdquo eSports arena alliance strategy, the Company is working with thousands of internet cafes partners in more than 20 provinces throughout China, enabling them to offer their tens of millions of users a new eSports and ecommerce platform. YuuGames has also signed contracts to organize several leading eSports tournaments in China, including the ESCC internet café league, and Alisports&rsquo WESG World Cyber Games. ABOUT YUUZOO Headquartered in Singapore and listed on the SGX mainboard (SGX: AFC), with access to over 118 million registered users in 164 countries, YuuZoo uniquely combines social networking, eCommerce and gaming in a mobile-optimised, fully localised tribal marketplace, where the consumer can access hundreds of tribal social networks, shops and entertainment through one single login. YuuZoo grows its international business through a network of franchisees and partners. The network currently covers 68 countries. To see YuuZoo&rsquo s tribal marketplace, log into: www.yuuzoo.com. For more information about YuuZoo, please log on to: www.yuucorp.com For more information, please contact: Ashley Wu Executive, Media Relations DID: +65 6577 0658 Mobile: +65 9733 8216 Email: [email protected] Reference(s) 1Source: Newzoo &ldquo Leading gaming markets worldwide in 2016, by gaming revenue&rdquo http://www.statista.com/statistics/308454/gaming-revenue-countries/ 2 Source: China i-Research Survey &ldquo Online Game spending and revenue in China from 2007 to 2016&rdquo © Statista 2016 https://www.statista.com/statistics/257452/online-game-spending-and-revenue-in-china/ 3 Source: China, iResearch &ldquo Gross merchandise volume of China' s e-commerce market from 2008 to 2018&rdquo © Statista 2016 http://www.statista.com/statistics/278552/gross-merchandise-volume-of-the-ecommerce-industry-in-china/

 

 
sleepydevil
    04-Oct-2016 17:25  
Contact    Quote!
Tomorrow another rocket launching for yuuzoo
 
 
yoyoyoyo
    04-Oct-2016 17:20  
Contact    Quote!


FOR IMMEDIATE RELEASE Alisports Extends to 5 years its Management Agreement with YuuGames for its eSports Arenas, Targeting China&rsquo s 450 Million Gamers Key Highlights: &bull YuuGames, the Chinese j.v. of YuuZoo Corp Ltd and Alisports, the subsidiary of China&rsquo s leading e-Commerce company Alibaba, have signed a 5-year extension of the recently signed 1-year management agreement for YuuGames to manage all of AliSports&rsquo s eSports Arenas in China. &bull The extension between YuuGames and Alisports is expected to generate a steady and strong new revenue stream via gaming, eCommerce and social network services for the huge gaming market in China, with an estimated 450 million gamers and an online gaming market size of 150 billion RMB. 1 CHINA & SINGAPORE, October 4th 2016 &ndash YuuGames, the Chinese joint venture company of Singapore-based YuuZoo Corporation Limited (&ldquo YuuZoo&rdquo SGX: AFC), today announced the extension of its management agreement with Alisports, a subsidiary of Chinese e-Commerce giant Alibaba, for the management of Alisports eSports Arenas throughout China. The agreement is now set to last until February 2021, bringing the full contract commitment to a total of 5 years from the initial period of 1 year. After a successful collaboration for the China Qualifiers of the World Electronic Sports Games (WESG), which in just 2 months drew thousands of participants across 15 Chinese provinces, YuuGames and Alisports have strengthened their commitment to each other by extending to 5 years the initial 1-year management agreement. The announcement comes at a time when China&rsquo s gaming market is booming. China is the global leader in game revenues, with Chinese gaming revenues estimated to be over 150 billion RMB in 2016. The Arena Operation scheme is conceived to transfigure internet café s in China into eSports Arenas with eSports and e-Commerce as main revenue drivers. eSports spurs online game revenue, as gamers spend on online game products. The e-Commerce market in China is estimated to be worth around 20 trillion RMB, with the projection of hitting 28 trillion RMB by 2018. 2 On top of these 2 main revenue drivers, advertising and sponsorship revenue will add to the ability of YuuGames and AliSports to generate a steady and strong new revenue stream. YuuGames has vast experience in the Chinese gaming industry, and enjoys a close and strong relationship with China&rsquo s internet cafes, which number close to 150,000. YuuGames is transfiguring internet cafes into eSports Arenas across 15 Chinese provinces including Shanghai, Qingdao, Changsha, Hefei, Beijing, Shenyang, Nanning, Chengdu, Wuhan, Xian, Shenzhen, Hangzhou, Fuzhou, Harbin and Kunming. The transfiguration is expected to not only benefit YuuGames and AliSports but also the many internet cafes who, while adopting online gaming as a core service, are able to streamline their business focus and yield new revenues and profits in both eSports and e-Commerce. " We sincerely appreciate the trust and confidence Alisports has shown us by extending the relationship to five years," says Mohandas, Head of Global Business Operations of YuuZoo and YuuGames. &ldquo YuuZoo is building digital turnkey platforms and solutions which generate revenue via social networking, e-Commerce, eSports and games in a marketplace which is a one-stop haven for users. We are very pleased to work with AliSports in China in transforming an old Internet café concept into an exciting new eSports environment that enables hundreds of millions of people to be part of the booming eSports scene in China." ### ABOUT ALISPORTS Alisports was set up in September with Alibaba as majority owner alongside Sina and Yunfeng Capital, an investment firm owned by Alibaba chairman Jack Ma Yun. The company is focused on China&rsquo s sports market, which has been forecast by the government&rsquo s state council to grow to 5 trillion yuan by 2025. The government has declared sport as the next driver of economic growth. Alisports CEO is Zhang DaZhong, former COO of Shanghai Media Group (SMG). The plan of Alisports involves leveraging the reams of data on the hundreds of millions of users of Alibaba web products to encourage them to become sports fans and participants &ndash and then splash out on sports events, merchandise and equipment. Alisports aims to be the go-to provide of web-shops, profile sites, etc. for global sports stars and teams aiming to connect with those millions of consumers. In the six months since founding, Alisports has agreed on deals to screen the NFL in China, sponsor FIFA Club World Cup, and signed partnerships with Brazil star Ronaldo and the governing bodies of boxing and basketball. ABOUT YUUGAMES YuuGames was founded in 2015 as a jv between Singapore-based social networking, ecommerce and gaming platform YuuZoo Corporation Limited (&ldquo YuuZoo&rdquo SGX: AFC) and Chinese XG AMA. Relying on YuuGames&rsquo &ldquo Elite 500&rdquo eSports arena alliance strategy, the Company is working with thousands of internet cafes partners in more than 20 provinces throughout China, enabling them to offer their tens of millions of users a new eSports and ecommerce platform. YuuGames has also signed contracts to organize several leading eSports tournaments in China, including the ESCC internet café league, and Alisports&rsquo WESG World Cyber Games. ABOUT YUUZOO Headquartered in Singapore and listed on the SGX mainboard (SGX: AFC), with access to over 118 million registered users in 164 countries, YuuZoo uniquely combines social networking, eCommerce and gaming in a mobile-optimised, fully localised tribal marketplace, where the consumer can access hundreds of tribal social networks, shops and entertainment through one single login. YuuZoo grows its international business through a network of franchisees and partners. The network currently covers 68 countries. To see YuuZoo&rsquo s tribal marketplace, log into: www.yuuzoo.com. For more information about YuuZoo, please log on to: www.yuucorp.com For more information, please contact: Ashley Wu Executive, Media Relations DID: +65 6577 0658 Mobile: +65 9733 8216 Email: [email protected] Reference(s) 1Source: Newzoo &ldquo Leading gaming markets worldwide in 2016, by gaming revenue&rdquo http://www.statista.com/statistics/308454/gaming-revenue-countries/ 2 Source: China i-Research Survey &ldquo Online Game spending and revenue in China from 2007 to 2016&rdquo © Statista 2016 https://www.statista.com/statistics/257452/online-game-spending-and-revenue-in-china/ 3 Source: China, iResearch &ldquo Gross merchandise volume of China' s e-commerce market from 2008 to 2018&rdquo © Statista 2016 http://www.statista.com/statistics/278552/gross-merchandise-volume-of-the-ecommerce-industry-in-china/
 
 
jayarumah
    04-Oct-2016 17:05  
Contact    Quote!
maybe tycoon roundround pushing up ?
: l
 
 
halleluyah
    04-Oct-2016 16:52  
Contact    Quote!


Ah boy, gd luck.....chiong arhhhhh.....agak gd news coming.....

brandnew      ( Date: 04-Oct-2016 16:27) Posted:



aunty arh, long time no meet, your wish shall be fulfilled, not to worry. huat ah!

halleluyah      ( Date: 04-Oct-2016 09:52) Posted:



Reaching 0.179 soon....


 
 
brandnew
    04-Oct-2016 16:27  
Contact    Quote!


aunty arh, long time no meet, your wish shall be fulfilled, not to worry. huat ah!

halleluyah      ( Date: 04-Oct-2016 09:52) Posted:



Reaching 0.179 soon....

 

 
luckyfa
    04-Oct-2016 16:21  
Contact    Quote!
E-sport is HOT HOT HOT in China and other regions....yuuzoo to gain Fame and profit too....ecommerce is booming too....Not surprise to see share price x2,x3,x4.......On & on......
 
 
jayarumah
    04-Oct-2016 16:09  
Contact    Quote!
LOL SO MANY "COMMANDOS...."
....
sgx have "quality control" system to...
u know ?
 
 
jayarumah
    04-Oct-2016 10:16  
Contact    Quote!
call me kiasu whatrver but i will only consider buying if yuuzoo show their nigeria lottery business how is it ? how much revenue and profit from it.....
if they have this , yes, i will consider buy

but recently even nigeria football associa say they no money to prrpare team for wolrd cup....like air ticjets etc

jayarumah      ( Date: 04-Oct-2016 10:10) Posted:

that time SGX say 1 company the company trades more than 90% done among few people only.

of course yuuzoo may not be like this the same.

but what if. what if ?

i dont want to take this risk

 
 
jayarumah
    04-Oct-2016 10:10  
Contact    Quote!
that time SGX say 1 company the company trades more than 90% done among few people only.

of course yuuzoo may not be like this the same.

but what if. what if ?

i dont want to take this risk
 
 
luckyfa
    04-Oct-2016 10:09  
Contact    Quote!
Another option, good news pending!!!!!! Have to think positive.....yuuzoo not always 'Lau sai' one...'BLACK GOLD' for this......
 
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