World Chess reports €2.1 million loss as it shifts focus to digital platform
NegativeFinancial Markets

World Chess has reported a significant loss of €2.1 million as it transitions its focus towards a digital platform. This shift is crucial as the organization aims to adapt to changing market demands and enhance its online presence, but the financial setback raises concerns about its sustainability and future growth. The move highlights the challenges traditional organizations face in the digital age.
— Curated by the World Pulse Now AI Editorial System