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Tencent and NetEase online games made $743 million between them in H1 2019

Tencent and NetEase online games made $743 million between them in H1 2019

Chinese companies Tencent and NetEase grossed ¥79,103 ($742.8 million) million combined for online games revenue in H1 2019.

According to Niko Partners, Tencent and NetEase account for over 70 per cent of the Chinese domestic market revenue. The combined total earned for online games was up 8.6 per cent for the first half of the year.

Mobile games revenue grew 13.4 per cent year-on-year in H1 in China, with PC dropping just 0.1 per cent.

Niko Partners predicts mainland China to gross $33 billion (¥233 billion) in digital games revenue in 2019, representing a 7.3 per cent growth 2019 over 2018.

Separated earnings

Tencent grossed ¥55,820 million ($524 million) in H1, up 3.4 per cent year-on-year. The growth was led by mobile games, with new titles such as Peacekeeper Elite, Perfect World Mobile, JX Online 3 Mobile and Let’s Hunt Monsters contributing the most.

Check out the full story on PocketGamer.biz


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