The Marvel Rivals audience is rapidly growing. NetEase announced that 20 million people worldwide have tried the team-based action game in less than two weeks.

The creators of Marvel Rivals have announced the game’s major success. According to them, the audience for the team-based action game has already exceeded 10 million people.

On December 6th, Marvel Rivals—a team-based action game featuring Marvel heroes, developed by the Chinese company NetEase—was released on PC and consoles. According to SteamDB, shortly after its release, the Steam version of the game alone managed to peak at attracting over 444,000 concurrent players.

The company NetEase has laid off some employees, according to Chinese media reports. The layoffs reportedly took place at the Shenzhen office and primarily affected developers who were working on the mobile shooter Operation Apocalypse (天启行动).

The financial report for NetEase for the third quarter of 2024 has been released. We have selected key gaming-related highlights.

NetEase’s Eggy Party has launched a creators program aimed at increasing UGC (User-Generated Content) activity. The developers have taken the first step towards an open platform for creativity, where players can create content and earn from it.

In recent years, Japan has been one of the priority markets for the Chinese giants Tencent and NetEase. They have been actively investing in Japanese game studios in hopes that they will produce hits. According to Bloomberg sources, both companies have not achieved the desired outcomes and are now re-evaluating their strategy.

NetEase shareholders reacted negatively to the latest financial report from the Chinese company. As noted by The Wall Street Journal, after the report was released, NetEase shares dropped by 13% to $15.98 each.

On July 25, NetEase will release the mobile version of the battle royale game Naraka: Bladepoint in China. Analysts at Goldman Sachs predict great success for the game.

The MobileGamer portal has compiled a ranking of mobile game publishers with the highest revenues from IAP in the first half of 2024. It was based on data from the analytical service AppMagic.

Despite mixed reviews, the multiplayer post-apocalyptic survival game Once Human has been consistently growing its online presence on Steam. Starry Studio admitted that they did not expect such a high demand.

On July 9, NetEase’s Starry Studio released the multiplayer post-apocalyptic survival game Once Human on PC. The game managed to attract a large audience at launch.

NetEase and Marvel Games announced that users of Steam and Epic Games Store have added the superhero PvP action game Marvel Rivals to their wishlists over a million times.

The Chinese company NetEase also reported for the first quarter of 2024. Below are the key points from the report.

World of Warcraft, Overwatch 2 and other Blizzard Entertainment games will return to the Chinese market this summer. The company has signed a new publishing agreement with NetEase.

On April 9, NetEase’s share price rose 4.1% to HK$157.5 (US$20) apiece. Shareholders have reacted positively to rumors that NetEase has agreed to re-publish Blizzard Entertainment games in China.

Chinese technology giant NetEase has released a financial report for the fourth quarter and the entire year 2023. The company reported consistently good results from the gaming division.

Blizzard Entertainment and NetEase could sign a new partnership agreement to publish games in China, according to a number of Chinese media. The previous agreement expired almost a year ago.

The morning of December 27th began for Chinese gaming giants Tencent and NetEase with an increase in the value of shares. This is due to the promise of the Chinese authorities to review restrictions affecting the local industry and the issuance of a new batch of licenses for games.