IBOV 171,906.72 ▲ 0.51% IPSA 11,537.97 ▲ 1.76% IPC MEX 66,101.04 ▲ 0.57% MERVAL 2,995,129 ▲ 2.81% COLCAP 2,510.72 ▲ 2.09% BVL PERÚ 60,222.25 ▼ 0.17% USD/BRL5.15▲ 0.34% USD/MXN16.92▲ 0.04% USD/CLP911.58▼ 0.37% USD/COP3,057▲ 0.46% USD/PEN3.35▼ 0.07% USD/ARS1,509▲ 0.63% USD/UYU40.18▼ 0.03% USD/PYG5,989▼ 0.11% USD/BOB11.44▲ 0.09% USD/DOP58.07▼ 0.99% USD/CRC446.05▼ 0.89% USD/GTQ7.62▼ 0.04% USD/HNL26.82▲ 0.02% USD/NIO36.62— 0.00% USD/VES782.70▲ 0.48% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.72▲ 0.25% EUR/BRL6.01▲ 0.25% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 171,906.72 ▲ 0.51% IPSA 11,537.97 ▲ 1.76% IPC MEX 66,101.04 ▲ 0.57% MERVAL 2,995,129 ▲ 2.81% COLCAP 2,510.72 ▲ 2.09% BVL PERÚ 60,222.25 ▼ 0.17% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Monday, August 24, 2026

Business - Brazil Entertainment - Brazil

Brazil’s Nubank and Ambev’s gamer project holds championships worth US$39,000

By · August 2, 2021 · 3 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

RIO DE JANEIRO, BRAZIL – With a global market of some 2.7 billion consumers, the gaming industry is one of the golden attractions in the entertainment sector – and companies are increasingly focused on harnessing this potential.

In Brazil, large companies are apparently realizing this industry’s revenue potential, as Ambev and Nubank are getting into the game.

On Monday, August 2, the companies launched the Good Game WP project, which aims to be a competitive circuit in the national e-sports scene, as well as a platform that adds content, entertainment and other experiences for game lovers.

With a global market of some 2.7 billion consumers, the gaming industry is one of the golden attractions in the entertainment sector. (Photo internet reproduction)
RT
Ask Rio Times
Latin American markets, currencies and companies.
Open the full Ask Rio Times →

The initiative, which for now has plans to operate only online due to the pandemic, should hold 3 in-person events in 2022 in São Paulo, Recife, and Porto Alegre, with an estimated audience of 600,000 people, the companies said.

Championships with a prize of R$200,000 (US$39,000) in cash and exclusive content on platforms like Twitch and YouTube are Good Game’s attractions for this year. The main categories of Brazilian sports are included in the initiative. Therefore, events and appearances of pro players from League of Legends (LoL), Counter-Strike: Global Offensive (CS:GO), Free Fire and Valorant can be expected.

The platform will kick off later this Monday. Live broadcasts on its YouTube and Twitch channels, hosted by journalist Barbara Gutierrez and influencer Henrytado, will rock the networks on the first day of Good Game WP.

According to the companies, championships may feature professionals competing against amateurs. The project’s pro-players and streamers will be announced soon.

According to Ambev, the initiative is directly in line with the company’s philosophy of innovating and transforming its products and ideas, and draws the company’s gamer public closer.

The project’s very name reflects this attempt to better connect with this niche: “Good Game Well Played,” or GG WP, are acronyms widely used by the gamer community. It is a cordial greeting between players at the end of a game.

“Here at Ambev, our approach goes far beyond thinking about innovations in products or services. We look at everything that has the potential to foster new ideas and experiences for consumers. Launching a project for the gamer public, idealized by people from our team who are part of this universe, is part of our transformation,” says Ambev’s Marketing Vice-President Daniel Wakswaser.

For its part, Nubank hopes to democratize access to the market with this investment, making its first move toward the gamer audience by targeting a market that could generate US$2.3 billion in revenue in 2021, according to a survey conducted by Newzoo gamer market analysis company.

“We are very happy to announce our participation in a project like this, which connects athletes and amateurs to compete in what is already one of the most popular sports in the world. The gamer public has always had a close relationship with the Nubank brand and we see the circuit as an opportunity to bolster access to this market to an increasingly larger public,” says Nubank’s co-founder Cristina Junqueira.

Live Company IntelligenceNu Holdings Ltd — the full investor dossierInside: live share price, market cap, three-year financials, valuation, ESG and peer benchmarks — plus the latest Rio Times coverage.
N
◆ Live Company Intelligence
Nu Holdings
NYSE: NUNUBANKFinancial ServicesBanks – Regional
$70.43B
Market cap
Analyst target $18.78

Wall Street view

3.7Moderate Buy/ 5
11 Buy7 Hold2 Sell
Avg. price target $18.78  ·  +25% vs 200-day

Valuation & profitability

Market cap$70.43B
Revenue (TTM)$8.44B
P / E ratio20.0
Profit margin42.7%
Return on equity31.6%

Price & risk

52-wk low
$11.20
52-wk high
$18.98
Beta (volatility)0.94
200-day average$15.02

Revenue trend · 6y

20202025
Latest $15.88B

Ownership

Institutions82.0%
Shares outstanding3.81B
Top holderBlackRock Inc
Institutional holders5+ funds

Dividend

No regular dividend — earnings reinvested for growth.
What Nu Holdings does. Nu Holdings Ltd. provides digital banking platform in Brazil, Mexico, Colombia, the Cayman Islands, and the United States. The company provides spending solutions comprising Nu credit and prepaid card, a digitally enabled card that acts as a credit and a prepaid card; Nubank+ Tier, an evolution of the Nu experience; Ultraviolet credit…
Data: RT fundamentals (NU.US) · figures in USD · as of 24 Aug 2026More company intelligence →

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

LatAm Markets: Live Signals → — real-time movers, turnover leaders and FX across Latin America.

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.