Welcome to our dedicated page for NIP Group news (Ticker: NIPG), a resource for investors and traders seeking the latest updates and insights on NIP Group stock.
NIP Group Inc. (NIPG) drives innovation in competitive gaming and digital entertainment through its Ninjas in Pyjamas and eStar Gaming brands. This news hub provides investors and enthusiasts with official updates on strategic initiatives across esports tournaments, game publishing ventures, and global market expansions.
Access curated press releases covering financial results, partnership announcements, and operational developments. Our repository ensures transparent tracking of the company's progress in merging traditional sports collaborations with cutting-edge gaming ecosystems.
Key updates include mobile esports advancements through eStar Gaming, PC/console competitive developments from Ninjas in Pyjamas, and cross-industry partnerships enhancing digital entertainment experiences. All content is verified from primary sources to maintain accuracy.
Bookmark this page for streamlined access to NIPG's evolving position in the $1.8B global esports industry. Check regularly for announcements regarding talent acquisitions, technological innovations, and regional market entries that shape the future of competitive gaming.
NIP Group (NASDAQ: NIPG) has announced a strategic expansion into Bitcoin mining through an asset-purchase agreement with Fortune Peak Limited and Apex Cyber Capital Limited. The acquisition includes crypto mining machines with a combined hash rate of 3.11 EH/s, expected to produce approximately 60 Bitcoins per month.
The transaction will be executed through the issuance of 119,553,439 Class A ordinary shares to the sellers. NIPG has established a new Digital Computing Division to manage these operations. The deal is expected to close by September 30, 2025, subject to customary closing conditions.
This strategic move represents NIPG's entry into digital infrastructure, positioning the company to leverage high-performance computing (HPC), artificial intelligence, and advanced gaming technologies. The acquisition aligns with NIPG's long-term vision of expanding beyond its entertainment and gaming roots while diversifying revenue streams.
NIP Group (NASDAQ: NIPG), a digital entertainment company, has announced an Extraordinary General Meeting (EGM) scheduled for July 25, 2025 at 8:00 p.m. Hong Kong time. The meeting will be held at the Entertainment Building in Central, Hong Kong.
The company has set June 27, 2025 as the record date for determining shareholders eligible to vote. Both ordinary shareholders and ADS holders (through Citibank, N.A.) can participate in the voting process. The board of directors fully supports the proposed resolutions and recommends shareholders vote in favor.
NIP Group (NASDAQ: NIPG), a leading digital entertainment company, has released its first-ever sustainability report following its July 2024 IPO. The report outlines the company's achievements across four key pillars: Sound Governance, Diversified Development, People-First, and Esports for Good.
Key highlights include: strengthened corporate governance with five specialized committees, expansion of event production capabilities with 242 events organized in 2024, achievement of 47.8% female workforce representation, and delivery of 5,532 hours of employee training. The company has also launched its first game publishing venture and established strategic partnerships, including collaboration with the Abu Dhabi Investment Office.
The report demonstrates NIP Group's commitment to sustainable development in the global esports industry while maintaining focus on social value creation and industry innovation.
NIP Group (NASDAQ: NIPG), a digital entertainment company, has announced the filing of its 2024 annual report on Form 20-F with the SEC on May 12, 2025. The report, which includes audited consolidated financial statements for the fiscal year ended December 31, 2024, is accessible through the company's investor relations website at ir.nipgroup.gg and the SEC's website at www.sec.gov. Shareholders and ADS holders can request a free hard copy of the annual report containing the audited consolidated financial statements.
NIP Group reported mixed financial results for H2 and full-year 2024. Total net revenues increased 1.8% YoY to $45.9 million in H2 2024, driven by a significant 92.6% growth in event production revenue to $14.6 million. However, the company posted a net loss of $8.0 million in H2 2024, compared to a $2.0 million loss in H2 2023.
For full-year 2024, revenues grew 1.9% to $85.3 million, with event production revenues surging 147.5%. The company expanded its portfolio through strategic partnerships, including agreements with The9 Limited for esports title "MIR M" and establishing global headquarters in Abu Dhabi through a partnership with Abu Dhabi Investment Office.
Despite challenging market conditions affecting esports sponsorships, NIP Group is diversifying its revenue streams and transforming from a pure esports organization into an integrated gaming-centric digital entertainment platform, with new ventures in game publishing and hospitality sectors.
NIP Group (NASDAQ: NIPG), a digital entertainment company, has scheduled to release its unaudited financial results for H2 and full-year 2024 on April 30, 2025, before U.S. market opening.
The company will host an earnings conference call at 7:00 A.M. U.S. Eastern Time (3:00 P.M. Abu Dhabi Time) on the same day. Participants must register online to receive dial-in numbers and a unique access PIN. A live and archived webcast will be available on the company's investor relations website.
NIP Group (NASDAQ: NIPG) has joined the Esports World Cup Foundation (EWCF) Club Partner Program ahead of the 2025 tournament. The partnership will provide substantial funding to support NIP Group's growth initiatives, particularly through NIP.eStar, which combines Ninjas in Pyjamas and eStar Gaming properties.
The company plans to expand into new markets, including SEA mobile gaming, and acquire top-tier rosters in emerging titles. NIP.eStar has already secured one slot in the competition through its Street Fighter duo and aims to qualify in at least ten more titles.
The Esports World Cup, scheduled for summer 2025 in Riyadh, Saudi Arabia, is positioned to be the largest esports event of the year. For reference, the 2024 event featured a $60M prize pool, with 1,500 elite players and 200 clubs competing across 22 tournaments in 21 games.
NIP Group (Nasdaq: NIPG) subsidiary Ninjas in Pyjamas (NIP) has renewed its partnership with Red Bull, extending their collaboration that began in November 2022. The renewed partnership focuses on strengthening operations and expanding reach in esports through various initiatives including:
- Exclusive player content and behind-the-scenes tournament footage
- Red Bull branding integration across NIP's social media, streams, player jerseys, and events
- Collaboration on the annual SWE CS Summit at Red Bull Gaming Sphere in Stockholm
- Supporting Swedish esports scene development through various activations
The partnership aims to leverage Red Bull's global reputation while providing access to NIP's young and engaged audience base. Co-CEO Hicham Chahine highlighted the successful collaboration over the past two years and the shared values between both organizations in creating meaningful fan experiences.
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