News & Videos - NIP GROUP INC. ADS - English

SHENZHEN, China, Dec. 20, 2024 (GLOBE NEWSWIRE) -- NIP Group Inc. (NASDAQ: NIPG) (“NIP Group” or the “Company”), a leading digital entertainment company, is breaking new ground with the introduction of its first MOBA game: Re: Aetatis . This highly anticipated cutting-edge sci-fi MOBA mobile game begins open beta testing on December 24, 2024, inviting players to experience the next evolution in competitive gaming. Re: Aetatis marks NIP Group’s bold entry into the dynamic game...

WUHAN, China, Nov. 26, 2024 (GLOBE NEWSWIRE) -- NIP Group Inc. (NASDAQ: NIPG) (“NIP Group” or the “Company”), a leading digital entertainment company, and The9 Limited (“The9”) today announced that NIP Group has entered into a strategic partnership with China Crown Technology Limited (“China Crown”), a wholly owned subsidiary of The9, to develop “MIR M” into a competitive esports title. Together, both parties aim to create a game that embodies the characteristics of MIR M and...

Net revenues from Events Production Increased by 376.5% YoY Total operating expenses reduced by 49% YoY, narrowing net loss by 59% Leveraging core competencies to create an expansive digital entertainment ecosystem with diverse revenue streams. WUHAN, China, Nov. 25, 2024 (GLOBE NEWSWIRE) -- NIP Group Inc. (“NIPG” or the “Company”) (NASDAQ: NIPG), a leading digital entertainment company, today announced its unaudited financial results for the first half of 2024, demonstrating...

WUHAN, China, Nov. 20, 2024 (GLOBE NEWSWIRE) -- NIP Group Inc. (NASDAQ: NIPG) (“NIP Group” or the “Company”), a leading digital entertainment company, today announced that it plans to report its financial results for the six months ended June 30, 2024, before the U.S. market opens on November 25, 2024. The Company’s management team will hold a conference call at 7:00 A.M. U.S. Eastern Time on Monday, November 25, 2024 (8:00 P.M. Beijing Time on the same day) to discuss the financial...

WUHAN, China, Oct. 15, 2024 (GLOBE NEWSWIRE) -- NIP Group Inc. (NASDAQ: NIPG) (“NIP Group” or the “Company”), a leading digital entertainment company, today announced that it has signed a definitive agreement (the “Agreement”) to acquire Wuhan Young Will Ltd. (“Young Will”), a leading talent management company specializing in short-form video content creation and influencer development. The acquisition represents a significant milestone in NIP Group's strategy to expand its...

SHENZHEN, China, Oct. 07, 2024 (GLOBE NEWSWIRE) -- NIP Group Inc. (NASDAQ: NIPG) (“NIP Group” or the “Company”), a leading digital entertainment company, today announced the appointment of Randy Hearst Harris as an independent director to its Board of Directors (the “Board”), effective September 24, 2024. Mr. Harris, founder of the sports management company 3V, brings a wealth of experience to NIP Group’s Board. A Loyola Marymount University graduate, Mr. Harris is a seasoned...

Esports Powerhouse Diversifies into Game Development Industry Veteran Allen Sui to Lead New Venture SHENZHEN, China, Sept. 09, 2024 (GLOBE NEWSWIRE) -- NIP Group Inc. (NASDAQ: NIPG) (the “Company” or “NIP Group”), a leading digital entertainment company, today announced that it has established a dedicated game publishing division. This strategic move marks a significant expansion of NIP Group's digital entertainment ecosystem and leverages the Company's esports expertise to tap into the...

SHANGHAI, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Digital entertainment company, NIP Group Inc. (NASDAQ: NIPG) (the “Company” or “NIP Group”), today announced a strategic partnership with Homeinns Hotels Group (“Homeinns”, affliated with the BTG Homeinns Hotels Group), a leading hospitality company in China. This collaboration will establish a joint venture focused on the development and operation of esports-themed hotels, with NIP Group taking the controlling stake to oversee investment,...

STOCKHOLM, July 29, 2024 (GLOBE NEWSWIRE) -- NIP Group Inc. (NASDAQ: NIPG) ("NIP" or the "Company"), a leading esports organization with expansive global footprint by virtue of its operations across Asia, Europe, and South America, today announced the closing of its initial public offering of 2,250,000 American depositary shares ("ADSs") at a price of US$9.00 per ADS. In addition, the underwriters partially exercised their option to purchase an additional 182,526 ADSs at the initial public...