China gaming operators report revenue increase

TencentPenguinLogoOnline gaming service operators in China generated total revenue of CNY14.164 billion (€1.69 billion/$2.64 billion) during the third quarter of 2013, according to a new study.

China-based consulting company Analysys International said that the total revenue had increased by 21.4% year-on-year and by 5.3% in comparison with the previous quarter of 2013.

The research also found that Tencent remains the dominant player in the Chinese market, with 49.2% of the market share in the third quarter of 2013, followed by NetEase (16.3%), Shanda (7.1%), Sohu subsidiary ChangYou (6.2%) and Perfect World (5.4%).

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