China’s Gaming Market Records Strong Growth During Coronavirus Lockdown
China’s video game market saw substantial growth during the first quarter of 2020 as people were required to stay at home to prevent the spread of COVID-19.
4/17/20203 min read
Tag: #Gaming Market
Showing 10 of 10 posts with this tag
Mobile Game Giant Perfect World Sees Sharp Decrease in Annual Net Profit, Stock Plummets
Perfect World, a leading mobile game company in China, announced a significant decrease in its net profits in 2021.
1/25/20223 min read
Tencent-backed Esport Star Honor of Kings DAU Reaches 100 million
Tencent Games announced on Nov. 1 during a live-streamed celebration of the game’s 5th anniversary that its star mobile game Honor of Kings has obtained an average DAU of 100 million.
11/2/20202 min read
NetEase Sets Up Studio in Japan for Next-Gen Console Game Development
NetEase set up a new branch for developing console games in Tokyo Japan and spreading its influence in Japanese market.
Perfect World Achieves Net Profit of $84.8 Million in Third Quarter of 2021
During the reporting period, the cultural and entertainment company achieved a total operating income of 2.533 billion yuan ($396 million), down 13.21% year-on-year.
10/27/20213 min read
Former Tencent Employees Design ‘Black Myth: Wu Kong’, Gameplay Video Goes Viral on Chinese and Western Internet
Since last week, a 13-minute gameplay video of a game called ‘Black Myth: Wu Kong’ has left an unforgettable impression on the audiences.
8/26/20203 min read
China to be Overthrown as World’s Largest Gaming Market in 2019
The global games market report by NewZoo, a leading company in Gaming and Esports Analytics discusses the general trends of the 2019 global gaming market.
Tencent Invests in Polish Game Developer Bloober Team
With this deal, the Chinese internet giant replaces Polish investment firm Rockbridge TFI to become the gaming company's largest shareholder.
10/9/20213 min read
Tencent Q1 Revenue Boosted By Gaming Business Despite COVID-19 Lockdowns
Tencent Holdings reported on Wednesday a 26% year-on-year increase in its revenue for the first quarter of 2020 with its video games business generating more than a third of its revenue.
5/14/20203 min read
China Reports Over $10 Billion Esports Games Profit in First Half of 2020, Grows 54.7% YoY
During the annual China Digital Entertainment Expo & Conference (ChinaJoy) in Shanghai, China Game Industry Research Institute released its research report for China’s gaming industry from January to June of 2020.
8/7/20202 min read