CHINA Revenue of China's mobile gaming industry down nearly 11 pct in May

CHINA

Revenue of China's mobile gaming industry down nearly 11 pct in May

Xinhua

19:00, June 26, 2022

BEIJING, June 26 (Xinhua) -- Chinese mobile game developers saw their sales revenue drop 10.85 percent year on year in May to 16.6 billion yuan (about 2.48 billion US dollars), according to a recent industry report.

File photo: Agencies

The revenue was also 2.15 percent lower than in April, according to the report released by CNG, a research institute on the gaming industry.

The decline in the mobile gaming sector has caused the gaming industry to shrink. Total sales revenue of the entire gaming industry decreased to 22.92 billion yuan last month, down 6.74 percent year on year, the report stated.

Overseas sales revenue of China-developed games stood at about 1.45 billion U.S. dollars in May, down by 5.8 percent from the previous month.

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue