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 publishing market and a major milestone for the Company's evolution from a top esports organization to a global digital entertainment leader. Following the launch of reservations, Re: Aetatis has garnered significant

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 is suitable for esports adoption. China Crown secured the exclusive publishing license of "MIR M" from Wemade Co., Ltd. ("Wemade") in Mainland China in May 2024. The game is the latest version of the classic game "MIR

Net revenues from Events Production Increased by 376.5% YoYTotal 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 year-over-year topline growth and narrowing losses as the Company balances growth and profitability by investing in high-growth areas while optimizing costs. First Six Months of 2024 Financial and Operational Highlight

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 results. Details for the conference call are as follows: Event Title:NIP Group Inc. First Half 2024 Earnings CallRegistration Link:https://register.vevent.com/register/BIc1c000d9919a403286079a303df8963a   All p

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 digital entertainment ecosystem and bolster and diversify its revenue streams. Founded in 2019, Young Will has established itself as a leader in teen culture-themed short video content. As of August 31, 2024, 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. 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 investor with a diverse portfolio spanning real estate, technology, and AI ventures. As a member of the Hearst family, his familiarity and understanding of the media and entertainment landscape, particularly in the No

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. This partnership aims to explore innovative business models that blend digital and traditional sports realms, enhancing urban culture, tourism, and the consumer economy through the power of sports. Kui Wang, Investor and Chairman of Dalian Young Boy Football Club commented: "We are delighted to partner with eStar Gaming, a pioneer in the esports industry. Esports resonates with the youth, offering a dynamic platform for engagement. Our 'esports+ football' collaboration is set to s

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. The event, held from August 31st to September 1st in Jakarta, Indonesia, saw eStar's squad dominate the competition with a flawless record of three consecutive victories. The Chinese powerhouse fielded a formidable roster of six: xyu, quzi, hxh, YGao, care, and 67. This dream team proved unstoppable, as they systematically dismantled top-tier opponents from Vietnam, the Philippines, and Indonesia over the two-day esports extravaganza. Founded in 2000, the

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 booming youth-driven gaming market. NIP Group's game publishing strategy will be multifaceted, focusing on esports-oriented titles, as well as exploring opportunities in various game categories. This appro

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. Organized by the Wuhan Disabled Persons' Federation, the event brought together over 20 disabled esports enthusiasts from across Wuhan, providing with comprehensive guidance to deepen their understanding of esports and  enhance their skills. This initiative allowed pa

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