Nip Group, an esports company led by Mario Ho Yau-kwan, has signed a five-year strategic agreement with the Abu Dhabi Investment Office (ADIO).

As part of the agreement, Nip Group will establish its headquarters in Abu Dhabi, United Arab Emirates.

ADIO will provide financial and non-financial support totaling up to US$40 million over the next four years.

This support will enhance Nip Group’s operations in esports, creative studios, game publishing, event organization, and talent management.