NetEase Games' Total Revenue Up 15% Year-over-year

Weilin Li -- Superpixel Blizzard Entertainment said in a statement on November 16 that it will suspend most of its Blizzard game services in China due to the expiration of the current licensing agreement with NetEase. The relevant services will be terminated on January 23, 2023. In response to this statement, NetEase made an announcement on November 17. The developer thanked the "continuous support and love for Blizzard game products."

Chinese game giant Tencent today released its financial report for Q4 and the full year of 2021. It reported an 6% increase of games revenue for the domestic market, with 128.8 billion CNY (~20.22 Billion USD), while its revenue for the overseas markets increased by 31%, to 45.5 billion CNY. The China domestic market’s games revenue growth was driven by the impressive performance of Honor of Kings, Call of Duty Mobile, and Moonlight Blade Mobile, but restricted by the limited revenue of Dungeon and Fighters, and Game for Peace.