K-Pop Star Jackson Wang Invests in Victory Five

Chinese esports organization Victory Five has secured an investment with Jackson Wang, a member of the Korean pop band GOT7. The partnership was signed on Sept. 7 at the opening ceremony of Victory Five’s new home stadium in Shenzhen, as captured in the short video below:

Financial terms of the deal were not disclosed.

In October of 2019 Victory Five parent company Shenzhen Weiwu Esports Technology raised over $14M USD in a Series A funding round from an undisclosed group of investors. At the same time, the organization signed a strategic partnership with Shenzhen Media Group to establish a home venue in the Guangdong-Hong Kong-Macao Greater Bay Area.  

Victory Five fields teams in the League of Legends Pro League, PUBG, and Peacekeeper Elite.

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