[1] This edition of the world series foresaw an increase in regional and team participation with new entries including South Asia, Mekong, Mongolia and China.

This world championship featured the first wild card event where eight (8) teams from the aforementioned regions including Malaysia, Europe, MENA, and LATAM were able to compete for two wildcard slots.

This was the second-time that an Indonesian and Filipino representative faced each other in the Grand Finals of a major MLBB tournament, the first being Blacklist International and ONIC Esports during MSC 2023.

[18][19] Amid the new format of the MLBB World Championship, two notable teams in AP Bren and Burmese Ghouls makes a remarkable return after their M2 campaign.

(Wang Yi) (Mitch Sato) (Muhammad Ariff Iswandi bin Johar) (Phoutthavan Pheugpasomxay) (Sathapone Kayavong) (Sergey Finashev) (Gorin Stanislav Sergeevich) (Atalaev Ramazan Atalaevich) (Falin Timur Jurevich) (Shakhid Mokhammad) (Andrii Martynenko) (Ahmad Sameer Ibraheem Alzaglul) On November 3, the mechanics of the Group Draw was announced for the M5 Tournament proper, not the Wild Card tournament.

AP Bren defeated See You Soon (3-1) and Geek Fam Indonesia (3-1) in the Knockout stage but fell to the lower-bracket to ONIC Esports in 0-3.

[citation needed] The M-Series 5th Anniversary individual awards were released prior to the playoffs of the M5 World Championships.

[27] Furthermore, M3 World Champion Finals MVP Kiel Calvin "OHEB" Soriano was also snubbed in the nomination process.

The controversy led to the withdrawal of Naing Lin "ACE" Swe from being a contender due to his own affiliation with a separate online-betting site which caused outraged from Burmese fans.

Swe withdrew from being part of the nomination list and on a shorter notice, Moonton released a public apology for their unseen overview of the situation.

Moonton announced that the Fighter Hero Yu Zhong will be receiving this edition's special M5 Pass Skin.

Ten days later on November 22, the music video for Better Than Great was released featuring several players participating and players who made a great impact for MLBB worldwide like ONIC Esports' Kairi Rayosdelsol and Nicky "Kiboy" Pontonuwu, Avalon's Jungler Michael "MobaZane" Cosgun, Nicholas "Akashi" Vieira of Bigetron Sons, ECHO Philippines' Karl "KarlTzy" Nepomuceno, Zikry "Moon" Shamsuddin of Todak, and symbolism from Johnmar "OhMyV33Nus" Villaluna's "Queen" Pose.

Following AP Bren's victory, news outlets and reports repeatedly asked about the hero that the team will pick in for their championship skin.

[31] It was decided that AP Bren has chosen the Marksman hero "Brody" for their championship skin as it was a signature pick for the team when it was open during drafting phases.

On March 20, 2024, Mobile Legends announced through their Facebook Page that Brody will become the official championship skin for the team.

[32] On October 28, the Philippines' MLBB M5 Greatest Players Nominees were unveiled prior to the Grand Finals stage between AP Bren and Blacklist International.

[33] The nominees snubbed names such as Johnmar "OhMyV33Nus" Villaluna, Danerie "Wise" Del Rosario and Kiel Calvin "Oheb" Soriano during the announcement.