China growth and global non-US Internet equities

Blue Lotus Research Institute

Blue Lotus Research is a Hong Kong Type 4 Licensed investment advisory firm focusing on Chinese growth equities and global non-US Internet equities

Analyst - Media&Entertainment Sector, Blue Lotus Research Institute

Stan Zhao

Analyst - Media&Entertainment Sector

Thematic (Sector/Industry)

United states Entertainment / Thematic (Sector/Industry)

<ul>
<li>Tencent’s &lt;Peacekeeper&gt; saw a strong player return and robust revenue performance due to introducing new gameplay modes, with projected gross billings for 2024 expected to exceed RMB 20 billion.</li>
<li>&lt;DnF Mobile&gt; continues to perform well, maintaining high popularity, leading to an upward revision of its annual revenue forecast.</li>
<li>New games &lt;Civilization Mobile&gt; and &lt;Need for Speed Mobile&gt; experienced a sharp decline in popularity, and with a late release, their contribution to 2024 revenue is expected to be limited.</li>
</ul>


Tencent’s &lt;Peacekeeper&gt; saw a strong player return and robust revenue performance due to introducing new gameplay modes, with projected gross billings for 2024 expected to exceed RMB 20 billion.
&lt;DnF Mobile&gt; continues to perform well, maintaining high popularity, leading to an upward revision of its annual revenue forecast.
New games &lt;Civilization Mobile&gt; and &lt;Need for Speed Mobile&gt; experienced a sharp decline in popularity, and with a late release, their contribution to 2024 revenue is expected to be limited.


China Online Game Grossing Monitor: September 23 - October 10, 2024