A man looks at the page of Apple’s App Store for PUBG Mobile, which is owned by Chinese internet giant Tencent, on September 2, 2020. Chinese video game companies saw a decline in revenue in May, both at home and abroad. Photo: AFP
A man looks at the page of Apple’s App Store for PUBG Mobile, which is owned by Chinese internet giant Tencent, on September 2, 2020. Chinese video game companies saw a decline in revenue in May, both at home and abroad. Photo: AFP
Tech /  Big Tech

Chinese video gaming revenue falls in May, a third month of decline amid slowing economy and less player spending

  • China’s video gaming revenue fell 6.7 per cent to US$3.4 billion in May, driven mostly by a decline in mobile game spending
  • After months of regulatory uncertainty, Chinese gaming studios are now grappling with a slowing economy and less consumer spending amid Covid-19 controls

Xinmei Shen
Xinmei Shen

Updated: 9:00pm, 23 Jun, 2022

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A man looks at the page of Apple’s App Store for PUBG Mobile, which is owned by Chinese internet giant Tencent, on September 2, 2020. Chinese video game companies saw a decline in revenue in May, both at home and abroad. Photo: AFP
A man looks at the page of Apple’s App Store for PUBG Mobile, which is owned by Chinese internet giant Tencent, on September 2, 2020. Chinese video game companies saw a decline in revenue in May, both at home and abroad. Photo: AFP
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