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miHoYo Hits an Astonishing $8 Billion Milestone

Genshin Impact accounted for 73% of the overall inflow.

miHoYo Games, a Chinese video game developer and publisher known for its gacha games, has reached a new impressive milestone, achieving an astonishing $8 billion in user spending on mobile devices.

According to AppMagic's report, the game responsible for the lion's share of this success is Genshin Impact, contributing a substantial 73% of the total revenue. Other games published by miHoYo Games accounted for smaller portions of user spending, with 崩坏3 at 18%, the recently-released Honkai: Star Rail, which managed to achieve 20 million downloads at its launch day and generate $50 million within two weeks of its release, at 6%, and Tears of Themis at 1%.

As for geographical distribution and app stores, the majority of user spending originated from Asia, with China contributing 39% and Japan 21%, while the US market provided 15% of the total amount. Apple's App Store dominated with 69% of the user spending, leaving the remaining 31% for Google Play.

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