The tenor of the discussion surrounding mobile and gacha games has changed over the years. Although they were initially derided because they were widely viewed as cheap and inferior copycat games, not to mention predatory due to their various mechanics and features often being closely tied to microtransactions, more people are now playing mobile games than ever before There are many at any one time, and they are a huge source of funding for the industry.Some of the most played games right now are mobile games and gacha games, and there’s probably no better example of this than this Genshin Impact, a gashapon role-playing game developed by Chinese developer Mihoyo. Unsurprisingly, the game’s status as a global phenomenon is paying off for its developer, which in a new report is valued at $23 billion, a figure that would also make it the world’s largest Valuable private gaming focused company.
This is the company’s sixth annual latest valuation Global Unicorn Index The Hurun Research Institute ranks private companies and startups founded after 2000 with a starting value of US$1 billion.It is reported game world observerCompared with this year’s ranking, Mihoyo’s ranking has improved by 91 places. Not only is it the largest private gaming company on the list, it ranks 12th on the entire list.
The second largest privately held gaming company is Niantic, whose best-known developers are Pokémon Go,Right now Some Ranked lower than Mihoyo at 67th. To give you an idea of the difference, Niantic is valued at $9 billion.
when Genshin Impact When it first launched, some viewers immediately viewed it as developer Mihoyo snagging a The Legend of Zelda: Breath of the Wild, but the audience the title attracted has only grown by orders of magnitude since. Mihoyo, also released a turn-based gashapon RPG Honkai Impact: Star Trail A few years ago it has exploded not only in popularity but also in the accumulation of wealth, thanks to money tree Love these titles.
At this rate, Mihoyo will move up another spot or two by the same time next year. Although the company already has two bona fide hits, and both show no signs of stopping as they are constantly updated with new content, it hasn’t stopped developing other games. its latest title, No Zen Zoneanother stylish action RPG Entering and exiting the beta It’s been out for a while now and is expected to be released on PC and PS5 in the near future.