Staff Reporters
Aug 3, 2021

Ampverse buys SBTC Esports in Vietnam

The deal will allow the firm to scale its community of over 5 million followers and amplify its merchandise line.

Ampverse buys SBTC Esports in Vietnam

Ampverse has taken a controlling stake in SBTC (Song Bang Tinh Cam, or 'Live with Love') Esports, a team in Vietnam. The acquisition comes at a time when esports viewership continues to accelerate, with this channel becoming the preferred method to engage with hard-to-reach online audiences.

Ampverse’s acquisition of SBTC Esports will allow the firm to scale its community of over 5 million followers and amplify its merchandise line, according to the company. SBTC also operates the ‘SBTC academy’, providing funding, support and a professional environment for aspiring gaming talent across Vietnam.

Matthias Beyer, chief gaming officer at Ampverse, said, “We have always wanted to enter the Vietnamese market and we have been impressed with the story of SBTC. We want to work with dynamic co-founders, who represent the community locally in an authentic way."

The SBTC team was originally founded by Thay Giao Ba, a former pro player and popular streamer in Vietnam. SBTC fields two professional teams in League of Legends (PC) and Wildrift. SBTC averaged over 80,000 live viewers across the entire League of Legends VCS Spring 2021 season, the highest of any team in Vietnam.

The deal with SBTC follows the acquisition of Thailand’s current Arena of Valor Pro League Champions, Bacon Time, last year. Since launching in 2019, Ampverse has grown its team to 65 employees. with a presence across Singapore, Thailand, India and Vietnam. 

Source:
Campaign Asia

Related Articles

Just Published

1 day ago

Agency Report Card 2023: Cheil Worldwide

With a new chief executive, efforts have intensified to win non-Samsung business, but Cheil still lacks inclusion in its own ranks. There is a glimmer of change, but the agency is nowhere as inclusive as the ads it makes.

1 day ago

Why international airlines want a piece of Air ...

Leveraging gen AI to develop a chatbot has been an important facet of Air India’s digital transformation. The Silicon Valley-based chief technology officer of the airline talks to Campaign about the process of developing and besting the chatbot.

1 day ago

Baidu PR head departs company following controversia...

Baidu's former PR head, Jing Qu, has left the tech giant after a series of short videos which led to intense backlash on social media.