Tencent accounted for a third of all Chinese online games revenue last quarter - report
: Revenue from major Chinese Internet company Tencent made up more than a third of all revenue in the Chinese online games market during the first quarter of the current fiscal year, according to research reports.
A new report from Analysys International states that Tencent had a 33.7 percent share of the overall 11.27 billion Chinese yuan ($1.78 billion) revenues from the sector during the first quarter.
Tencent's success is down to numerous big name partnerships, including EA's The Sims Social
and, most recently, PopCap's Plants vs Zombies
, alongside the company's own releases Cross Fire
and Dungeons With Warriors
In comparison, Chinese World of Warcraft
operator NetEase had a 17.3 percent share, while Chinese Rift
operator Shanda Interactive took a 16.0 percent share of the market. These top three together hold a 67 percent share of the overall Chinese online game market.