21 June 2024

The Half-Year China Game Industry Report showed the domestic game market reached 144.263 billion yuan, a year-on-year decline of 2.39%, China Securities Journal reported. http://www.ce.cn/cysc/tech/gd2012/202307/28/t20230728_38649698.shtml

During the same period,  China’s game users reached a historical high of 668 million, up 0.35% year-on-year. 

The domestic game market is expected to see a stronger recovery in the second half of the year.

The sales of self-developed games in overseas markets amounted to $8.206 billion, a year-on-year decline of 8.72%.  

Perfect World is expected to achieve net profit of 360 million yuan -400 million yuan in the first half of the year, a year-on-year decline of 68.35% -64.83%.  Yoozoo expected a loss of 30-60 million yuan in the first half of the year.

The State Press and Publication Administration issues 88, 87, 86, 86, 86, 89 and 88 domestic game license numbers from January to July this year, respectively.

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