Chinese video game developers including Shanghai-based miHoYo, the studio behind Genshin Impact, accounted for 40 of the world’s top 100 mobile games publishers by revenue last month, bringing in a total of US$1.85 billion in revenue, according to app analytics firm Sensor Tower.
The statistic reflects the progress made by Chinese developers over the past few years, with tough domestic regulation – including strict licensing and content controls – forcing many of the leading players to target overseas markets.