Newsbrief: Revenue from major Chinese Internet company Tencent made up more than a third of all revenue in the Chinese online games market during the first quarter of the current fiscal year, according to research reports.
A new report from Analysys International states that Tencent had a 33.7 percent share of the overall 11.27 billion Chinese yuan ($1.78 billion) revenues from the sector during the first quarter.
Tencent's success is down to numerous big name partnerships, including
EA's The Sims Social and, most recently,
PopCap's Plants vs Zombies, alongside the company's own releases
Cross Fire and
Dungeons With Warriors.
In comparison, Chinese
World of Warcraft operator NetEase had a 17.3 percent share, while Chinese
Rift operator Shanda Interactive took a 16.0 percent share of the market. These top three together hold a 67 percent share of the overall Chinese online game market.
