Color Star Announces Entry into Non-Binding LOI for the Acquisition of JingXiang (Australia)
Retrieved on:
Tuesday, September 12, 2023
JingXiang Group ("JingXiang", or the "Group") provides multiple new digital services that brings electronic sports ("esports") to hotels.
Key Points:
- JingXiang Group ("JingXiang", or the "Group") provides multiple new digital services that brings electronic sports ("esports") to hotels.
- Currently, these services are individually provided by members of the JingXiang Group: JingXiang (Hangzhou) Ltd., and Hangzhou Jingqiqu Network Technology Ltd., respectively.
- In the future, these three services will be consolidated and become provided solely by JingXiang (Australia).
- Color Star CEO, Louis Luo, said, "We consider the development of esports hotels and its related services to be in its infancy.