Bilibili Joins Overwatch League For 2019 Season
September 07 2018 - 8:30AM
Bilibili Inc. (“Bilibili” or the “Company”) (Nasdaq: BILI), a
leading online entertainment platform for young generations in
China, today announced that it has acquired a team in the
prestigious Overwatch League. As Bilibili continues to expand its
presence in the increasingly popular esports space, the Company
will join the Overwatch League for the start of the 2019 season.
The Overwatch League’s teams are permanent fixtures
in the League representing major cities across the globe. The
Company will represent the city of Hangzhou and is expected to
unveil its team and roster later this year.
“We are very pleased to welcome Bilibili into the
Overwatch League,” said Pete Vlastelica, president and CEO of
Activision Blizzard Esports Leagues. “Bilibili has a vast and
deeply engaged fan community, and we can’t wait to help unveil
their team. As the league continues to expand, we are thrilled to
partner with Bilibili, and to engage with young gaming fans in
China.”
“Bilibili’s community holds a deep affinity for
esports and we are excited to participate in a professional league
centered around Blizzard Entertainment’s blockbuster game,
Overwatch,” said Mr. Rui Chen, Chairman of the Board and Chief
Executive Officer of Bilibili. “The upcoming Overwatch League
season is sure to provide hours of thrilling entertainment for our
users as we continue to actively expand our content in popular
genres. Esports have been among the top videos viewed by our
growing number of users, and we look forward to delivering highly
competitive and entertaining gameplay for our supporters
worldwide,” Mr. Chen concluded.
About the Overwatch League™
The Overwatch League™ is the first major global
professional esports league with city-based teams across Asia,
Europe, and North America. Overwatch® was created by globally
acclaimed publisher Blizzard Entertainment (a division of
Activision Blizzard—Nasdaq: ATVI), whose iconic franchises have
helped lay the foundations and push the boundaries of professional
esports over the last 15 years. The latest addition to Blizzard’s
stable of twenty-two #1 games,[1] Overwatch was built from the
ground up for online competition, with memorable characters and
fast-paced action designed for the most engaging gameplay and
spectator experiences. To learn more about the Overwatch League,
visit www.overwatchleague.com.
[1] Sales and/or downloads, based on internal
company records and reports from key distribution partners.
About Bilibili Inc.
Bilibili represents the iconic brand of online
entertainment with a mission to enrich the everyday life of young
generations in China. Bilibili is a full-spectrum online
entertainment world covering a wide array of genres and media
formats, including videos, live broadcasting and mobile games.
Bilibili provides an immersive entertainment experience and
high-quality content that caters to the evolving and diversified
interests of its users and communities, and has built its platform
based on the strong emotional connections of Bilibili’s users to
its content and communities.For more information, please visit:
http://ir.bilibili.com.
Safe Harbor Statement
This announcement contains forward-looking
statements. These statements are made under the “safe harbor”
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as “will,” “expects,” “anticipates,” “aims,”
“future,” “intends,” “plans,” “believes,” “estimates,” “confident,”
“potential,” “continue” or other similar expressions. Among other
things, the Outlook and quotations from management in this
announcement, as well as Bilibili’s strategic and operational
plans, contain forward-looking statements. Bilibili may also make
written or oral forward-looking statements in its periodic reports
to the U.S. Securities and Exchange Commission, in its annual
report to shareholders, in press releases and other written
materials and in oral statements made by its officers, directors or
employees to third parties. Statements that are not historical
facts, including but not limited to statements about Bilibili’s
beliefs and expectations, are forward-looking statements.
Forward-looking statements involve inherent risks and
uncertainties. A number of factors could cause actual results to
differ materially from those contained in any forward-looking
statement, including but not limited to the following: Bilibili’s
strategies; Bilibili’s future business development, financial
condition and results of operations; Bilibili’s ability to retain
and increase the number of users, members and advertising
customers, provide quality content, products and services, and
expand its product and service offerings; competition in the online
entertainment industry; Bilibili’s ability to maintain its culture
and brand image within its addressable user communities; Bilibili’s
ability to manage its costs and expenses; PRC governmental policies
and regulations relating to the online entertainment industry,
general economic and business conditions globally and in China and
assumptions underlying or related to any of the foregoing. Further
information regarding these and other risks is included in the
Company’s filings with the Securities and Exchange Commission. All
information provided in this press release and in the attachments
is as of the date of the press release, and the Company undertakes
no duty to update such information, except as required under
applicable law.
For investor and media inquiries, please
contact:
In China:
Bilibili Inc. Juliet Yang Tel: +86-21-2509 9255
Ext. 8523 E-mail: ir@bilibili.com
The Piacente Group, Inc. Ross Warner Tel:
+86-10-5730-6200 E-mail: bilibili@tpg-ir.com
In the United States:
The Piacente Group, Inc. Brandi Piacente Tel:
+1-212-481-2050 E-mail: bilibili@tpg-ir.com
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