Best Gaming Companies in China
The 646 best Gaming companies in China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Douyu.
China's Gaming sector is crowded, competitive, and still drawing serious capital. This directory tracks 646 companies, with $7.2B in total disclosed funding across the field, two unicorns, and Animoca Brands out front at $870M, a figure that dwarfs The Sandbox's $115M and makes everyone else look like rounding errors.
The global gaming market sat at roughly $202.7B in 2022, according to Statista, with AR and VR adoption pulling new spending in fast. Median install growth across 23 gaming apps is running at +11% YoY, so the mobile side's moving even if overall coverage looks flat. Hardware themes are where the conversation's heating up, specifically gaming notebooks, high-performance laptops, and GPU-focused rigs. Regulatory pressure is real too. Loot box rules keep reshaping monetization across the region, and you can see similar friction playing out elsewhere, like Gameskraft's 120-person layoff tied directly to an online gaming ban. I'd watch how China's top backers, Tencent, Sequoia Capital, and Qiming Venture Partners, respond to that regulatory drag over the next two quarters. The money's still here. The question is where it moves next.
- ResearchAndMarkets.com
Our analysis of 180 Gaming companies
$26.0b in tracked funding; 90% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.
Ranked: Best Gaming companies in China
| # | Company | Disclosed funding | Last round | Stage | Employees | Tech stack | Web popularity | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Douyu Operator of a live video streaming platform with interactive features | $958M | 99 mo ago | Acquired | 1,973 | JavaZURB FoundationBootstrap+11 | Top 1M | — |
| 2 | Animoca Brands 🦄 Developer of blockchain-based PC and mobile games 67Customers top 19%Funding top 22%Tech top 26%Moat top 26% All 10 signals ▾Customerstop 19% Fundingtop 22% Techtop 26% Moattop 26% Producttop 35% Markettop 36% Talenttop 38% Globaltop 42% Fin. healthbottom 45% Growthbottom 43% Customers: Play-Store rating 4.60★ across 1,233,119 ratings (3 apps) · Review volume +0% in 6 mo Funding: Raised $870M across 20 rounds · 20 rounds over 15 yrs (1.3/yr) rank vs industry peers · Fliar Intelligence Index 67/100 | $870M | 19 mo ago | Series C | 177 177 → 315 (+78%) | Wix eCommerceWixSentry+19 | Top 5M | 1 partnership |
| 3 | huya.com Huya.com is a Chinese interactive broadcast platform. | $537M | 99 mo ago | Acquired | 1,521 | BootstrapGoogle Font APIFont Awesome+7 | Top 100k | — |
| 4 | Shanda Games Game developer and publisher based in China | $472M | 100 mo ago | Acqui-Hired | 111 | — | — | — |
| 5 | CHT Video game developer focusing on core games | $429M | 63 mo ago | Public | 5,915 | — | — | — |
| 6 | Hero Game Mobile game development studio | $310M | 126 mo ago | Series C | — | Facebook LoginApple Sign-inGoogle Sign-in+7 | Top 5M | — |
| 7 | Hero Entertainment Mobile game developer focusing on action games | $288M | 117 mo ago | Series A | — | PHPFacebook LoginAnimate.css+5 | Top 1M | — |
| 8 | Chushou TV eSports video streaming platform | $265M | 90 mo ago | Deadpooled | 31 | — | — | — |
| 9 | Panda TV Online video streaming platform for eSports events | $145M | 108 mo ago | Deadpooled | — | — | — | — |
| 10 | Linekong Mobile Game developer and publisher focusing on Mid-Core games | $135M | 144 mo ago | Public | 102 | — | — | — |
| 11 | Zeus Interactive Game development studio | $132M | 163 mo ago | Series B | 925 | — | — | — |
| 12 | Chukong Mobile game publishing platform | $123M | 138 mo ago | Series F | 800 | — | — | — |
| 13 | Yahaha Provider of app-based platform for creating games | $121M | 43 mo ago | Series A | 150 | SentryNode.jsThree.js+12 | Top 5M | — |
| 14 | The Sandbox 🦄 Online platform offering a user-generated metaverse with blockchain games for creative and immersive gaming… 74Tech top 22%Moat top 26%Funding top 31%Market top 33% All 9 signals ▾Techtop 22% Moattop 26% Fundingtop 31% Markettop 33% Talenttop 38% Growthtop 45% Producttop 46% Newsbottom 46% Globalbottom 39% Tech: 57 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services Moat: Editorial + unicorn rating 9/10 · Unicorn rank vs industry peers · Fliar Intelligence Index 74/100 | $115M | 24 mo ago | Series B | 404 | WordPress Block EditorWordPressMySQL+26 | Top 500k | 1 launch |
| 15 | Beijing Zhanxin Zhanli Information Technology Developer of a virtual world platform for diverse life experiences | $100M | 63 mo ago | Series C | — | HSTSBaidu Analytics (百度统计) | Top 50M | — |
| 16 | TT Voice App-based social gaming platform | $100M | 64 mo ago | Series B | 1,457 | NginxOpenRestycore-js+3 | Top 50M | — |
| 17 | 9you Chinese game developer and operator of the online gaming portal | $100M | 218 mo ago | Series C | 460 | Discuz! XPHPNginx+2 | Top 5M | — |
| 18 | ThinkingData Provider of large-scale game analytics and LiveOps data infrastructure platform | $93M | 45 mo ago | Series C | 100 | — | — | — |
| 19 | China Mobile Games and Entertainment Developer and publisher of video games | $84M | 61 mo ago | Public | 1,165 | PHPNginxCloudflare+11 | Top 50M | — |
| 20 | Game.com Blockchain-based gaming platform | $77M | 102 mo ago | Funding Raised | — | Node.jsRadix UITailwind CSS+10 | Top 5M | — |
| 21 | iQiyi Intelligent Technology Provider of virtual reality headsets for entertainment purposes | $73M | 41 mo ago | Series C | — | — | — | — |
| 22 | Forgame Developer and publisher of web and mobile games | $73M | 158 mo ago | Public | 41 | PHPWindows ServerAnimate.css+3 | Top 10M | — |
| 23 | Pico Provider of a standalone 5G enabled VR headset and software development services | $67M | 63 mo ago | Acquired | 1,600 | — | — | — |
| 24 | 51.com Online gaming portal and community | $67M | 216 mo ago | Series C | 155 | PHPNginxOpenResty+8 | Top 5M | — |
| 25 | AntVR VR gaming and viewing kit | $59M | 125 mo ago | Series B | 42 | — | — | — |
| 26 | ShineZone Online and mobile games developer for overseas markets | $58M | 112 mo ago | Series B | 164 | — | — | — |
| 27 | 6waves Video game publisher focusing on mobile and web platforms | $53M | 178 mo ago | Acquired | 68 | WixSentryBootstrap+12 | Top 500k | — |
| 28 | Cocos Developer of 2D and 3D game engines and development tools | $50M | 50 mo ago | Acquired | 300 | Node.jsElement UIVideoJS+10 | Top 1M | — |
| 29 | QC Play Mobile game developers | $47M | 61 mo ago | Public | 611 | EChartsAnimate.cssNginx+6 | Top 500k | — |
| 30 | Xindong Network Developer of web-based PC games | $39M | 62 mo ago | Public | 828 | SentryZendeskApple iCloud Mail+16 | Top 500k | — |
| 31 | Reyun Cloud-based data analytics platform | $37M | 67 mo ago | Acquired | 50 | — | — | — |
| 32 | Sharetimes Mobile games publisher | $33M | 62 mo ago | Series B | 102 | — | — | — |
| 33 | iDreamSky Developer of mobile games and operator of entertainment service platforms | $27M | 78 mo ago | Public | 762 | Node.jsRadix UITailwind CSS+9 | Top 10M | — |
| 34 | Tianrang Platform for artificial general intelligence applications | $26M | 56 mo ago | Series B | — | Framer SitesReactCloudflare+7 | Top 50M | — |
| 35 | Noitom Developer of motion capture systems and related technologies | $25M | 51 mo ago | Series C | 200 | FlowplayerAnimate.cssBootstrap+10 | Top 10M | — |
| 36 | Ximmerse Manufactures positional tracking devices for VR | $19M | 48 mo ago | Series A | 190 | PHPAnimate.cssBootstrap+7 | Top 50M | — |
| 37 | Netvios Publisher of VR-based PC and console games | $15M | 47 mo ago | Series A | — | — | — | — |
| 38 | The Seeds Developer of casual games | $12M | 25 mo ago | Seed | — | Element UIGoogle CloudGSAP+8 | Top 50M | — |
| 39 | Wizzwoods Developer of an open-world strategy farming game for multiplayer use | $10M | 6 mo ago | Series A | — | Node.jsYouTubeTailwind CSS+10 | Top 5M | — |
| 40 | KapKap Developer of a platform for Web3 interaction and value distribution | $10M | 7 mo ago | Seed | — | Node.jsZohoAnimate.css+14 | Top 50M | — |
| 41 | the9gamezone Video game developer focusing on core game | $8M | 14 mo ago | Public | 72 | UbuntuTailwind CSSVue.js+4 | Top 50M | — |
| 42 | NEKCOM Developer of puzzle and role-playing video games for multiple platforms | $8M | 17 mo ago | Series B | 40 | NotionSuper BuilderNode.js+13 | Top 10M | — |
| 43 | Karmaverse Developer of Pc and console-based NFT games | $8M | 50 mo ago | Series A | — | — | — | — |
| 44 | Snail Games Developer of digital entertainment and technology focused on gaming experiences | $7M | 7 mo ago | Public | 85 | Cart FunctionalitySquarespace CommerceSquarespace+26 | Top 5M | — |
| 45 | Yuliverse Platform offering location-based, multiplayer interactive experience combining gaming and social networking | $6M | 24 mo ago | Seed | — | Node.jsNginxOpenResty+7 | Top 10M | — |
| 46 | Anichess Provider of a blockchain-based chess game | $3M | 25 mo ago | Seed | — | Radix UITailwind CSSshadcn/ui+18 | Top 1M | — |
| 47 | Orbofi Online platform offering tools for creating virtual world using drag and drop interface | $3M | 36 mo ago | Funding Raised | 11 | RemixReact RouterReact+11 | Top 10M | — |
| 48 | Blade Developer of blockchain based PC and mobile games | $2M | 25 mo ago | Seed | — | Node.jsRadix UITailwind CSS+12 | Top 50M | — |
| 49 | MyGamez Game publisher and publishing platform | $2M | 30 mo ago | Series A | — | WebflowMicrosoft 365jQuery+8 | Top 10M | — |
| 50 | Space Nation Developer of Web3 space opera MMORPG for PC and console | $1M | 22 mo ago | Seed | — | TurbopackNode.jsReact+12 | Top 5M | — |
Top 12 Gaming companies in China
#1
Series C · Kowloon, Hong Kong · founded 2006 · 177 employees$870.2Mraised▾
Developer of blockchain-based PC and mobile games. It develops and publishes blockchain games, traditional games, and other products. The company focuses on the development of racing and strategy-based NFT games which includes the sandbox, crazy kings, and crazy defense heroes. It also provides cloud authentication services and collaborate with formula one to develop blockchain games.
- Nov 2024Series C$10M
- Sep 2023Series C$31.9M
- Sep 2022Series C$38M
- Aug 2022Series C$110M
#2
Series A · Hong Kong, Hong Kong · founded 2024$10Mraised▾
Developer of an open-world strategy farming game for multiplayer use. The company provides idle farming, customizable islands, NFT integration, and social quests. Gamers can trade and collaborate across multiple chains with accessible strategic gameplay.
- Nov 2025Series A$10M
#3
Seed · Hong Kong, Hong Kong · founded 2024$10Mraised▾
Developer of a platform for Web3 interaction and value distribution. It builds an ecosystem engine leveraging artificial intelligence and attention economy principles. The platform supports user growth through gaming and incentive models. It expands into Web3, transforming behaviors like gaming, creation, tasks, and brand interactions into tradable assets.
- Oct 2025Seed$10M
#4
Public · Suzhou, Jiangsu · founded 2000 · 85 employees$6.6Mraised▾
Developer of digital entertainment and technology focused on gaming experiences. The company invests in gaming, digital entertainment, and technology spaces. It aims to improve player gaming experiences through technology. The company focuses on development, publishing, and new intellectual property developments. It spans a wide range of media, from streaming and film to television.
- Oct 2025Post IPO$3.3M
- Feb 2025Post IPO$3.3M
#5
Public · Shanghai, Shanghai · founded 1999 · 72 employees$8Mraised▾
Video game developer focusing on core games. The company has developed massively multiplayer online role playing games, massively multiplayer online first-person shooter games, Web games, social games, mobile games, and TV games. It also provides game operating support, training and advertisement, and short message services. It also operates TV and mobile game platforms.
- Mar 2025Post IPO$8M
- May 2024Post IPO—
- Feb 2021Post IPO—
#6
Series B · Hong Kong, Hong Kong · founded 2018 · 404 employees$115Mraised▾
Online platform offering a user-generated metaverse with blockchain games for creative and immersive gaming experiences. It allows users to create and monetize their NFTs in a blockchain-based environment. The Sandbox platform combines elements of creativity, exploration, and gameplay in a sandbox setting, providing users with a degree of freedom to interact creatively and build their own virtual worlds.
- Jun 2024Series B$20M
- Dec 2021Angel—
- Nov 2021Series B$93M
- Aug 2020ICO$5.5M
#7
Series B · Wuhan, Hubei · founded 2011 · 40 employees$8Mraised▾
Developer of puzzle and role-playing video games for multiple platforms. The business creates interactive entertainment experiences for a global audience. It develops games for consoles and personal computers.
- Dec 2024Series B$15M
- Jul 2022Series A$8M
#8
Series A · Shanghai, Shanghai · founded 2020 · 150 employees$121Mraised▾
Provider of a pp-based platform for creating games. The platform offers a game engine where users can use 3D animation tools, gaming assets, and more. Developers can publish the games and gamers can play these games on the platform. The app will be available for Android, iOS, Mac, and Windows platforms.
- Nov 2022Series A$40M
- Jan 2022Series A$50M
- Jun 2021Series A$31M
#9
Acquired · Wuhan, Hubei · founded 2014 · 1973 employees$958.5Mraised▾
Operator of a live video streaming platform with interactive features. It provides various categories of live content, including gaming, entertainment, and outdoor activities. It offers functionalities such as real-time chat, virtual gifting, and interactive games for viewers and streamers. It also features a creator center for streamers to manage content.
- Mar 2018Series E$632.5M
- Nov 2017Series D—
- Aug 2016Series C$226M
- Mar 2016Series B$100M
#10
Seed · Beijing, Beijing · founded 2022$12Mraised▾
Developer of casual games. It has developed a game called Bladerite which is an action game. Users can earn rewards based on defeating opponents in each match, but users can also acquire upgradeable patterns.
- May 2024Seed$12M
#11
Public · Shaoxing, Zhejiang · founded 2005 · 5915 employees$429.2Mraised▾
Video game developer focusing on core games. The company has developed games like "Final Fantasy 14", "Adventure Island", "Street Basketball", "Dragon Valley", "Legendary World", "Aion", "Rainbow Island", etc. The games are available for PC platforms. It monetizes through one-time purchases.
- Mar 2021Post IPO$429.2M
#12
Series C · Xuhui, Shanghai · founded 2015 · 100 employees$92.5Mraised▾
Provider of large-scale game analytics and LiveOps data infrastructure platform. The company offers a unified system that ingests, processes, stores, models, and visualizes in-game, advertising, and historical data for mobile and online titles. Its platform enables studios to track detailed player events, perform multi-dimensional analysis, and run LiveOps activities such as segmentation and targeted campaigns from the same environment. Solutions support both cloud and self-hosted deployment, giving game developers control over data governance while using analytics to optimize retention, engagement, and monetization throughout the game lifecycle.
- Aug 2022Series C$14.7M
- Nov 2021Series C$58.9M
- Mar 2021Series B$15.4M
- Dec 2019Series A$3.6M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Gaming coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Gaming Technology is moving in China
A read on the academic research around Gaming Technology — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 1,045 China-affiliated papers.
- Beihang University54
- Zhejiang University41
- Chinese Academy of Sciences37
- Communication University of China33
- Shanghai Jiao Tong University28
- Gaussian4→36
- Real-time rendering47→64
- Image-based modeling and rendering17→26
- Frame rate3→12
- Graphics pipeline2→10
- Frame rate8→9
- Rendering (computer graphics)21
- Computer graphics (images)11
- Real-time rendering10
- Parallel rendering5
- Tiled rendering5
Where gaming tech is researched across China
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Who's filing gaming tech patents in China
China gaming tech patent filing is accelerating — 55 filings from 45 assignees (2017–2025), led by Tencent TECH Shenzhen, Xiamen YAJI Software, Netease Hangzhou Network; annual filings 1→9.
- Tencent TECH Shenzhen17
- Xiamen YAJI Software8
- Netease Hangzhou Network3
- UNIV Zhejiang3
- PLEX VR Digital TECH Shanghai3
- China Highway ENG Consultants3
- Checc DATA3
- Huawei TECH3
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.