China’s Tencent, miHoYo remain on top of their industry with world’s most lucrative mobile games, despite sluggish market

Honour of Kings, PUBG Mobile and Genshin Impact ranked as the highest-grossing mobile games in the first half of this year, according to Sensor Tower

The global video gaming market, however, saw total consumer spending on mobile games in the same period fall 6.6 per cent year on year to US$41.2 billion

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Tencent Holdings’ PUBG Mobile, left, and miHoYo’s Genshin Impact ranked behind Honour of Kings as the world’s highest-grossing mobile games in the first half of this year. Photos: Shutterstock

Published: 10:30pm, 7 Jul 2022Updated: 2:54am, 8 Jul 2022

Tencent Holdings and miHoYo maintain their ranking atop the video gaming industry with the world’s most lucrative mobile games in the first half of this year, despite a sluggish global market, according to the latest data from app analytics firm Sensor Tower.

Honour of Kings and PUBG Mobile from internet giant Tencent, which runs the world’s largest video gaming business by revenue, remained the industry’s highest-grossing mobile titles in the first half, according to Sensor Tower. For the second consecutive year, Shanghai-based miHoYo’s Genshin Impact ranked third in the same period.

A multiplayer online battle arena game, Honour of Kings generated US$1.4 billion in consumer spending in the first six months of the year. PUBG Mobile, the battle royale title adapted from bestselling personal computer and console game PUBG: Battlegrounds, made US$1.1 billion in the same period.