Yicai Global: 80% revenue of top-10 gaming public companies in China in Q1 2023 is generated by Tencent and NetEase
Domination.
Yicai Global considered the results of the 10 largest public gaming companies in China in Q1 2023.
7 out of the 10 largest mobile titles of Q1 2023 have been released by Tencent and NetEase.
Tencent in Q1 2023 was dominating the local market with about 50% share.
The operating revenue of Tencent in Q1 2023 increased by 11%; NetEase is close with 7.6% growth.