China Internet Watch https://www.chinainternetwatch.com China Internet Stats, Trends, Insights Sun, 10 Mar 2024 08:32:43 +0000 en-US hourly 1 https://www.chinainternetwatch.com/wp-content/uploads/cropped-ciw-logo-2019-v1b-80x80.png China Internet Watch https://www.chinainternetwatch.com 32 32 China’s Tech Giants Lead in Global User Spending, Tencent Tops the Chart https://www.chinainternetwatch.com/43649/data-ai-top-publisher-2023/ Tue, 12 Mar 2024 00:00:00 +0000 https://www.chinainternetwatch.com/?p=43649

Tencent and ByteDance Secure Top Positions in Global Rankings

Data.ai, a leading provider of internet data and analytics, has released its Global Publisher Awards for the year 2024, showcasing the world's top 50 publishers based on user spending across iOS and Google Play stores in 2023.

Leading the pack, Tencent and ByteDance, both hailing from China, have claimed the top two spots with annual user spending of $8.67 billion and $5.05 billion, respectively.

This achievement marks Tencent's seventh consecutive year at the pinnacle, largely fueled by the success of its MOBA game, "Honor of Kings," which also stands as the second-highest-grossing product globally, trailing only behind the match-three game "Candy Crush Saga."

In total, Tencent boasted 10 products each exceeding $100 million in global annual user spending in 2023.

Following closely, miHoYo surpassed NetEase to secure the eighth position, with annual user spending reaching $2.15 billion. NetEase, anothe...

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