AviaGames CEO and founder Vickie Chen celebrated as an Industry Leader and Female Executive of the Year by Forbes China and Stevie Awards

October 19, 2022

Ceremonies And Celebrations

AviaGames CEO and founder Vickie Chen celebrated as an Industry Leader and Female Executive of the Year by Forbes China and Stevie Awards

Forbes China ceremony has now taken place; Stevie Awards ceremony is coming in November

Ivan Karpinsky Greater China CBO at Azur Games on succeeding in the Chinese market

October 18, 2022

Ivan Karpinsky Greater China CBO at Azur Games on succeeding in the Chinese market

One of the world’s biggest mobile gaming markets poses unique challenges to developers

Tencent loses status as China’s biggest company

October 3, 2022

Trouble For Tencent

Tencent loses status as China’s biggest company

The company’s stock price has fallen $623 billion from its peak

Additional $40 million of funding raised by Well-Link, the graphics as a service provider

September 28, 2022

Additional $40 million of funding raised by Well-Link, the graphics as a service provider

Mihoyo, Developers of Genshin Impact, were part of the second round of investment conducted by the GaaS provider.

ASUS Republic of Gamers announces gaming tournament to promote new mobile device

September 27, 2022

ASUS Republic of Gamers announces gaming tournament to promote new mobile device

PUBG and Call of Duty mobile will form the playlist for a series of “Exclusive Influencer tournaments” to promote ROG’s new phone.

Genshin Impact surpasses $3.6 billion revenue ahead of second anniversary

September 23, 2022

Genshin's Growing Giant

Genshin Impact surpasses $3.6 billion revenue ahead of second anniversary

The game made $12 million revenue on day of Version 3.0 release

NetEase and Tencent subsidiary receive game approval in China

September 19, 2022

Chinese Licenses

NetEase and Tencent subsidiary receive game approval in China

Allstar Streetball Party and Defense of Health have been approved for release

League of Legends: Wild Rift - from PC classic to breakout mobile hit

September 9, 2022

We Have Rift Off

League of Legends: Wild Rift - from PC classic to breakout mobile hit

The success of League of Legends: Wild Rift proves that even hardcore PC games can successfully make the leap to mobile - data.ai drills into the details

NetDragon sees a 26.3 increase in revenue year-on-year

September 7, 2022

Financial Report

NetDragon sees a 26.3 increase in revenue year-on-year

Eudemons proved to be a strong performer despite a decrease in overall revenue

ByteDance reportedly downsizes games divisions

September 6, 2022

ByteDance reportedly downsizes games divisions

Hundreds of employees have reportedly been laid off as the brand refocuses

Andrei Van Roon appointed head of League Studios

September 2, 2022

A League Of Its Own

Andrei Van Roon appointed head of League Studios

A new role as League of Legends: Wild Rift hits a milestone $750 million in revenue

The Pokémon Company sues six Chinese companies

September 1, 2022

It's Super Effective!

The Pokémon Company sues six Chinese companies

The lawsuit is being filed due to copyright infringement

NetEase and Alibaba among first in line for US audit inspection

August 31, 2022

Financial Audits

NetEase and Alibaba among first in line for US audit inspection

NetEase and Alibaba among first in line for US audit inspection

Tencent reports first quarterly loss since first listing in 2004

August 17, 2022

Quarterly Report

Tencent reports first quarterly loss since first listing in 2004

The company’s revenue has decreased 3% year-on-year

Unity attracts major, local investors as it expands into the Chinese market

August 15, 2022

Unity attracts major, local investors as it expands into the Chinese market

The move has attracted investments from some of the country’s tech giants

Niko Partners: 40% drop in Chinese young gamers after September regulations

August 11, 2022

Gaming In China

Niko Partners: 40% drop in Chinese young gamers after September regulations

However, the number of Chinese gamers will rise to 115 million by 2026, predicts the market intelligence provider

Dreamworks characters headed to mobile with CMGE partnership

Dreamworks characters headed to mobile with CMGE partnership

China Mobile Games bringing characters from Shrek, Madagascar, Kung Fu Panda and more to small screens everywhere after 2021 income of $586 million

IP-Power and Eastern markets play a major role in July mobile industry performance

Global Mobile Market

IP-Power and Eastern markets play a major role in July mobile industry performance

The month saw big success for midcore titles.

Diablo Immortal launches in China after 20 million worldwide download milestone

Release Reignition

Diablo Immortal launches in China after 20 million worldwide download milestone

Release follows delays of more than a month

Diablo Immortal nearing launch in China after delay

Ready To Launch

Diablo Immortal nearing launch in China after delay

Sources claim delays were a result of social media post taken as criticism of China’s president

miHoYo selects Singapore as metaverse division headquarters

Home Of The Hoyoverse

miHoYo selects Singapore as metaverse division headquarters

HoYoverse development will be focused in the city state

Shanghai tech firm fined $163,000 for unlicensed game publication

¥1.1 Million Fee

Shanghai tech firm fined $163,000 for unlicensed game publication

One of the country’s harshest penalties for such cases

NetEase and Tencent denied licenses in China

The companies were absent from the list of 67 new game approvals

Rules And Regulations

Tencent confirms strict gaming restrictions for minors in China will continue

Strict regulations attributed to stagnation of growth in Chinese tech industries

Tencent is closing its mobile games portal WeGame

The End Of An App

Tencent is closing its mobile games portal WeGame

PC version expected to remain online

Research and Markets report finds China’s playerbase fell to 706 million in 2021

Turbulent Times

Research and Markets report finds China’s playerbase fell to 706 million in 2021

China Mobile Games 2022 report predicts mobile and PC games revenue will reach $55.23 billion in 2026

Chinese studio XD prioritises US In expansion bid

Chinese studio XD prioritises US In expansion bid

Ragnarok Mobile and Human: Fall Flat port developer looks west to bypass China's regulatory restrictions

Chinese game market revenue down 7 per cent in May

Moba And Rpg Popularity Continues

Chinese game market revenue down 7 per cent in May

Sales revenue of Chinese game market reached $3.4 billion, down 6.74 per cent year-on-year, according to Gamma Data

MSA Novo invests in Tamatem Games' Chinese expansion

Investment With Intent

MSA Novo invests in Tamatem Games' Chinese expansion

New partnership forged between companies to bring "top-tier" mobile games to the Arabic-speaking market

China approves 60 more games in 2022

Regulatory Reversal

China approves 60 more games in 2022

58 titles approved by the National Press and Publication Administration are explicitly mobile games, in continuation of regulatory reversal

TikTok wants to release in-app games this year

TikTok wants to release in-app games this year

Testing may be in progress in Vietnam

57% of PUBG Mobile player spend comes from China

Meeting Milestones

57% of PUBG Mobile player spend comes from China

Worldwide revenue reaches beyond $8 billion

Chinese mobile games revenue surpassed $9 billion during Q1 2022

Chinese mobile games revenue surpassed $9 billion during Q1 2022

Revenue up 2.72% year-over-year

William Ding steps down from corporate roles at NetEase subsidiary

Corporate Changes

William Ding steps down from corporate roles at NetEase subsidiary

Relinquishing roles as legal representative, general manager and director of subsidiary

China halts unauthorised games livestreaming

China halts unauthorised games livestreaming

Latest regulations apply to unauthorised and non-domestic games

Tencent shuts down Chinese gamers access to overseas games

Incoming update to network acceleration app will halt users playing foreign games and accessing foreign online servers

China lifts games licence freeze, 45 new games approved

Open For Business

China lifts games licence freeze, 45 new games approved

New games from XD Inc, Yoozoo Games, and more after nine month standstill

Tencent games revenue up 9.9% in 2021 to almost $33 billion

Tencent games revenue up 9.9% in 2021 to almost $33 billion

Solidifies position as largest games company worldwide by revenue

SEGA announces Jinke as exclusive licensee of Sonic the Hedgehog mobile titles

SEGA announces Jinke as exclusive licensee of Sonic the Hedgehog mobile titles

Entertainment firm declared exclusive licensee of Sonic Dash and Sonic Dash 2: Sonic Boom in mainland China

NetEase revenue jumps 19% to $13.75 billion, mobile games do $9.6 billion

February 24, 2022

NetEase revenue jumps 19% to $13.75 billion, mobile games do $9.6 billion

Boosted by new titles such as Harry Potter: Magic Awakened and Revelation

Moonton launches Mobile Legends: Bang Bang NFTs on Binance

January 19, 2022

Aspiring Aspirants

Moonton launches Mobile Legends: Bang Bang NFTs on Binance

Featuring popular MLBB characters Layla and Fanny

January 17, 2022

Tencent closes acquisition of Sumo Group

Will operate under Tencent subsidiary, Tencent Bidco

Hot Five: Former Zynga execs launch Dice: Heroes of Whitestone, Tencent raises $3 billion, and Roblox’s Chinese app removed from mainland stores

January 10, 2022

Hot Five: Former Zynga execs launch Dice: Heroes of Whitestone, Tencent raises $3 billion, and Roblox’s Chinese app removed from mainland stores

The hottest news articles on PG.biz

Roblox removes Chinese app LuoBuLesi to rebuild

January 7, 2022

Roblox Retracted

Roblox removes Chinese app LuoBuLesi to rebuild

Removed from mainland app stores in December

January 5, 2022

Tencent raises $3 billion from sale of Sea Group shares

Remains majority shareholder

Freeze on games sees around 14,000 studios close in China in 2021

January 4, 2022

Freeze on games sees around 14,000 studios close in China in 2021

New games freeze expected to extend further into 2022

December 24, 2021

Tencent has app capabilities reinstated following ban

App updates spotted on App Store

Socialpoint brings Dragon City and Monster Legends to Huawei’s AppGallery

December 13, 2021

Gallery Expansion

Socialpoint brings Dragon City and Monster Legends to Huawei’s AppGallery

Will gradually bring its remaining portfolio to the service

November 25, 2021

Tencent Suspension

China suspends Tencent from updating or launching apps in Mainland China

Apps and games remain functional

Ten Square Games saw an increase in installs in Q3 2021

November 24, 2021

Financial Findings

Ten Square Games saw an increase in installs in Q3 2021

Fishing Clash launched in China