OverActive Media Corp ( (TSE:OAM) ) has issued an announcement.
OverActive Media Corp. is expanding into the Chinese esports market through its brand Movistar KOI, marking its entry into the world’s largest esports ecosystem. This strategic move aims to capitalize on China’s significant market potential, with over 500 million esports fans and a projected revenue of $26.7 billion in 2024. By launching on major Chinese social media and streaming platforms like Weibo and Bilibili, OverActive Media plans to engage directly with local audiences and leverage key events like the 2025 League of Legends World Championship to establish a lasting presence and strengthen its global strategy.
More about OverActive Media Corp
OverActive Media Corp. is a global esports and entertainment company headquartered in Toronto, Ontario, with operations in Madrid, Spain, and Berlin, Germany. It owns team franchises in professional esports leagues, including the Call of Duty League, League of Legends EMEA Championship, and VALORANT Champions League, operating under the brand Movistar KOI.
YTD Price Performance: 12.50%
Average Trading Volume: 8,828
Technical Sentiment Signal: Sell
Current Market Cap: C$33.89M
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