NIP Group Inc

Earnings data Q3 2024

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NIP Group, Inc. is an esports organization, which engages in developing talent for both esports team and roster of online entertainers. Its brands include the Ninjas in Pyjamas and eStar Gaming esports. The firm operates through the PRC and other subsidiaries, and Ninjas in Pyjamas segments. The company was founded on February 5, 2021 and is headquartered in Stockholm, Sweden.

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.

NIP Group Enters the MOBA Game Arena with Re: Aetatis, Accelerating Growth in Digital Entertainment

Maxim Group analyst Jack Vander Aarde initiated coverage on NIP Group Inc. NIPG with a Buy rating and price forecast of $12.

From Anime To Abu Dhabi: Analyst Sees NIP Group Transforming Entertainment And Tech

The9 Ltd. Sponsored

Partnership to Transform MIR M into Global Esports Title WUHAN, China , Nov. 26, 2024 /PRNewswire/ -- 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 is suitable for esports adoption.

NIP Group Expands Esports Portfolio Through Strategic Partnership with The9 Limited

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.

NIP Group Inc. Reports First Half 2024 Unaudited Financial Results

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.

NIP Group to Report Financial Results for the First Half of 2024 on November 25, 2024

Strategic acquisition strengthens NIP Group's position in talent management and expands its digital entertainment ecosystem Strategic acquisition strengthens NIP Group's position in talent management and expands its digital entertainment ecosystem

NIP Group Signs Definitive Agreement to Acquire Young Will

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.

NIP Group Announces Appointment of New Independent Director

DALIAN, China , Sept. 11, 2024 /PRNewswire/ -- China's leading esports brand, eStar Gaming, a subsidiary of NIP Group (NASDAQ: NIPG), today announced its intention to collaborate with Dalian Young Boy Football Club.

eStar Gaming and Dalian Young Boy Football Club Announce Intention of Collaboration to Pioneer "The Integration of Esports and Traditional Sports"

JAKARTA, Indonesia , Sept. 10, 2024 /PRNewswire/ -- In a thrilling display of skill and teamwork, eStar Gaming (eStar) 's FPS division, representing the NIP Group, stormed to victory at the 2024 World Cyber Games (WCG) CrossFire tournament.

NIP Group's eStar FPS Division Claims 2024 WCG CrossFire Championship

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.

NIP Group Inc. Enters Game Publishing Market, Expanding Digital Entertainment Ecosystem

WUHAN, China , Aug. 22, 2024 /PRNewswire/ -- NIP Group, a leading digital entertainment company with an expansive global audience, remains committed to serving its community, and society more broadly, in its engagement with socially responsible initiatives. On July 12-13, the "2024 Wuhan Disabled Esports Promotion Event" was held at the NIP Group headquarters in Wuhan, focusing on empowering disabled individuals through esports.

NIP Group Promotes Inclusivity in Esports for Disabled Individuals

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, operations, and management.

NIP Group Enters Esports Hotel Sector with Strategic Partnership with Homeinns

NEW YORK--(BUSINESS WIRE)--Citi Issuer Services, acting through Citibank, N.A., has been appointed as depositary bank by NIP Group Inc. (“NIP”) for its American Depositary Receipt (“ADR”) program. NIP is a leading Chinese esports organization with an expansive global footprint that spans Asia, Europe, and South America. NIP's American Depositary Shares (“ADSs”) trade on the Nasdaq under the ticker “NIPG”. Each ADS represents two (2) Class A ordinary shares of NIP. The company was listed on the.

Citi Appointed as Depositary Bank for NIP Group Inc.'s ADR Program

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 offering price on July 26, 2024. Each ADS represents two Class A ordinary shares of the Company. The exercise of the underwriters' option closed concurrently today. NIP's ADSs began trading on the Nasdaq Global Market on Friday, July 26, 2024, under the ticker symbol "NIPG."

NIP Group Inc. Announces Closing of its Initial Public Offering and Partial Exercise of Underwriters' Option to Purchase Additional ADSs

STOCKHOLM, July 26, 2024 (GLOBE NEWSWIRE) -- NIP Group Inc. (the “Company” or “NIP”), a leading esports organization with the most expansive global footprint by virtue of its operations across Asia, Europe and South America, today announced the pricing of its initial public offering of 2,250,000 American depositary shares (“ADSs”), at US$9.00 per ADS, for a total offering size of US$20.25 million, assuming the underwriters do not exercise their option to purchase additional ADSs. Each ADS represents two Class A ordinary shares of the Company. The ADSs have been approved for listing and are expected to begin trading on the Nasdaq Global Market on July 26, 2024, under the ticker symbol “NIPG.” The offering is expected to close on July 29, 2024, subject to customary closing conditions.

NIP Group Inc. Announces Pricing of $20.25 Million Initial Public Offering

NIP Group, Inc. has filed to raise expansion funding via a U.S. IPO that may be as high as $50 million. The company develops and operates online Esports digital content and activities worldwide. NIP Group is growing revenue but also operating losses and faces operating and regulatory risks in China.

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