Alibaba “Ali Sports” Create New Esports Division with $5.5 Million Total Prize Money Pool

Alibaba have annouced to the world they are launching a new Esports division in this press release.

Ali Sports, founded last september is set to launch a new Esport division focussing on tournaments in CS:GO, Dota 2, SC 2 & Hearthstone.

Prize Money

In the release Ali Sports stated it has put aside $5.5 Million USD total in prize money for the new  World Electronic Sports Games (WESG)

The statement went on to say that $1.5 million will go to Dota 2 and $1.5 million will go to CS:GO with finals set to take place in Shanghai in December.

The goal is to host these tournaments annually and eventually to move them out of China.