Best Gaming Companies in Shanghai, China
The 131 best Gaming companies in Shanghai, China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Shanda Games.
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 Shanghai
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Shanda Games Game developer and publisher based in China | $472M | 100 mo ago | Acqui-Hired | — | 1999 | — | — |
| 2 | Panda TV Online video streaming platform for eSports events | $145M | 108 mo ago | Deadpooled | Wang Sicong Founder & CEO | 2015 | — | — |
| 3 | Yahaha Provider of app-based platform for creating games | $121M | 43 mo ago | Series A | Pengfei Zhang Co-Founder | 2020 | SentryNode.jsThree.js+12 | — |
| 4 | 9you Chinese game developer and operator of the online gaming portal | $100M | 219 mo ago | Series C | — | 2003 | Discuz! XPHPNginx+2 | — |
| 5 | ThinkingData Provider of large-scale game analytics and LiveOps data infrastructure platform | $93M | 45 mo ago | Series C | Chris Han Co-Founder | 2015 | — | — |
| 6 | 51.com Online gaming portal and community | $67M | 217 mo ago | Series C | Pang Shengdong CEO | 2005 | PHPNginxOpenResty+8 | — |
| 7 | ShineZone Online and mobile games developer for overseas markets | $58M | 112 mo ago | Series B | Frank Lee Founder & CEO | 2008 | — | — |
| 8 | Xindong Network Developer of web-based PC games | $39M | 62 mo ago | Public | Huang Yimeng Co-Founder & CEO | 2003 | SentryZendeskApple iCloud Mail+16 | — |
| 9 | Tianrang Platform for artificial general intelligence applications | $26M | 56 mo ago | Series B | Han Dingyi Co-Founder & COO | 2016 | Framer SitesReactCloudflare+7 | — |
| 10 | Mars TV eSports league organizer | $26M | 131 mo ago | Series B | Sun Xiyao Founder | 2012 | — | — |
| 11 | ImbaTV Broadcaster of online gaming events and a community for gamers | $17M | 123 mo ago | Series C | Wu Zhongyu Co-Founder | 2014 | — | — |
| 12 | KingNet Game developer and publisher | $17M | 184 mo ago | Public | — | 2008 | Node.jsReactNext.js+5 | — |
| 13 | MorningTec Internet games distributor | $16M | 131 mo ago | Series B | Ming Zhu Founder | 2013 | — | — |
| 14 | Youxiduo Mobile games platform | $16M | 136 mo ago | Deadpooled | Chen Yichao CEO | 2010 | — | — |
| 15 | UltiZen Mobile and web games developer | $16M | 190 mo ago | Series C | — | 2005 | — | — |
| 16 | Uzone Games Mobile gaming studio | $15M | 121 mo ago | Series B | Angel Mo Founder & CEO | 2014 | — | — |
| 17 | FEG Provider of leagues & training services for gamers | $15M | 92 mo ago | Deadpooled | — | 2018 | — | — |
| 18 | WinKing Provider of art outsourcing, full-cycle game development, and game publishing | $12M | 111 mo ago | Public | — | 2000 | WordPressMySQLPHP+22 | — |
| 19 | Hypereal VR headset with controllers and room scale | $10M | 111 mo ago | Series B | — | 2015 | — | — |
| 20 | 5173.com Trading platform for online games and digital products in China | $9M | 210 mo ago | Series C | Yu Kang CEO | 2002 | Vue.jsNginxAlibaba Cloud Object Storage Service+3 | — |
| 21 | the9gamezone Video game developer focusing on core game | $8M | 14 mo ago | Public | — | 1999 | UbuntuTailwind CSSVue.js+4 | — |
| 22 | Taomee Entertainment Developer of mobile and web based games along with other entertainment services for children | $8M | — | Early Stage | — | 2007 | PHPNginxjQuery UI+5 | — |
| 23 | Haymaker Game Mobile game developer | $4M | 131 mo ago | Deadpooled | Chen Feng CEO | 2013 | — | — |
| 24 | Shanghai Blue Tour Culture Communication Shanghai based eSports event organizer | $4M | 119 mo ago | Deadpooled | Fluff CEO | 2014 | — | — |
| 25 | Directive Games Mobile game development studio | $4M | 133 mo ago | Series A | Yohei Ishii Co-Founder | 2014 | — | — |
| 26 | Shanghai Datuhongan Game development studio | $4M | 209 mo ago | Deadpooled | Xu Cheng Founder | 2009 | — | — |
| 27 | SOUNI Developer of 3D MMORPG game based on blockchain technology | $3M | 54 mo ago | Funding Raised | Mathew Nguyen CEO | 2021 | — | — |
| 28 | Spicy Horse Games 3D Game Developer on web browsers | $3M | 182 mo ago | Series A | R J Berg Co-Founder & COO | 2006 | — | — |
| 29 | Soco Soft Mobile game developer | $3M | 199 mo ago | Series A | Shen Ye Founder | 2005 | — | — |
| 30 | MetaDerby NFT-based trading platform for horse racing games | $2M | 49 mo ago | Seed | Muse Co-Founder | 2021 | — | — |
| 31 | Lusionsoft VR game and content development studio based out of Shanghai | $2M | 108 mo ago | Seed | Feng Pan Founder and CEO | 2016 | — | — |
| 32 | MyGamez Game publisher and publishing platform | $2M | 30 mo ago | Series A | Charles Chiang Coo/Founder | 2013 | WebflowMicrosoft 365jQuery+8 | — |
| 33 | WITSION In-game virtual currency/goods exchanging tool provider | $2M | 97 mo ago | Seed | — | 2009 | — | — |
| 34 | MeetVR VR based head mounted display | $2M | 98 mo ago | Series A | Li Shuxin Founder | 2016 | — | — |
| 35 | Mintverse Online marketplace for non-fungible tokens | $2M | 55 mo ago | Seed | Rene Cao Founder | 2018 | — | — |
| 36 | Haiyi Qi Game development company | $2M | 134 mo ago | Seed | Zhou Chaoen CEO | 2014 | — | — |
| 37 | Vici Gaming Chinese eSports company offering teams for the gaming tournaments | $1M | 109 mo ago | Deadpooled | Lu Wenjun CEO | 2013 | — | — |
| 38 | Ultizero Games Video game developer focusing on casual games | $1M | 63 mo ago | Deadpooled | — | 2017 | — | — |
| 39 | 5211game Provide platform for online and mobile games | $1M | 147 mo ago | Series B | Xin Xu Founder | 2009 | Windows ServerMicrosoft ASP.NETRequireJS+4 | — |
Top 12 Gaming companies in Shanghai
#1
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—
#2
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
#3
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
#4
Acqui-Hired · Shanghai, Shanghai · founded 1999 · 111 employees$472.4Mraised▾
Shanda Games is an indie game developer and publisher based in China. It has developed multiple MMORPG games including "The Legend of the World", "Magical Land", and "The Age" which are the part of "The Genesis Of The Century" game series. Also operates the Chinese book publishing house.
- Feb 2018PE$472.4M
#5
Series A · Shanghai, Shanghai · founded 2013$1.6Mraised▾
Mygamez is a mobile game publisher based in Shanghai, China. The company focuses on western game developers and offers distribution and secure monetisation solutions. The company also works with small time game developers to create their publishing strategies and business models. The company aims to open the Chinese market for the best 20% of great games and make it simple, safe and profitable for developers
- Dec 2023Angel$1.6M
- May 2020Series A—
#6
Public · Shanghai, Shanghai · founded 2003 · 828 employees$39.3Mraised▾
Developer of web-based PC games. The company has developed several top-grossing web games (or browser games) such as Shenxiandao.
- Apr 2021Post IPO$123.5M
- Apr 2017Series A—
- Sep 2015Series A$39.3M
#7
Deadpooled · Shanghai, Shanghai · founded 2015$145.1Mraised▾
Panda TV is an eSports live streaming platform focusing on broadcasting live eSports events. It allows the users to stream the video and news contents related to eSports games, beauty and more through the app as well as the platform. The platform competes with Douyu TV, Twitch and other platforms in China.
- May 2017Series B$145.1M
- May 2017Series B—
#8
Series B · Shanghai, Shanghai · founded 2016$26.3Mraised▾
Tianrang offers data analysis and smart solutions for businesses using deep learning and AI technology. It can automatically gather data related to marketing trends and purchase information on Alibaba’s e-commerce platform, then analyze this data and help vendors in making smarter marketing decisions
- Sep 2021Series B—
- Aug 2018Series A$26.3M
- 2016Seed—
#9
Series C · Shanghai, Shanghai · founded 2003 · 460 employees$100Mraised▾
9you is a Chinese game developer and operator of the online gaming portal. It integrates online game services (MMORPG, massive and medium-size casual games, mobile game, etc.), digital entertainment contents, wireless value-added services, and other premier services to the Chinese language internet users all over the world.
- Mar 2008Series C$100M
#10
Series C · Shanghai, Shanghai · founded 2005 · 155 employees$67Mraised▾
51.com focuses on developing online and mobile games. Earlier used to offer an array of services providing high quality social network application services. It had created a lot of products such as blog, album, music, BBS, IM software Rainbow etc. Now pivoted into a gaming studio developing online and mobile games. Developed web games and mobile games which include real-time combat, role-playing, war strategy, simulation management and other type of classic games.
- May 2008Series C$51M
- May 2007Series B$10M
- May 2006Series A$6M
#11
Series B · Shanghai, Shanghai · founded 2008 · 164 employees$58Mraised▾
ShineZone develops games mainly for the overseas market. Currently, it has over 23 games covering 18 countries and regions. The company has also partnered with Facebook, App Store and Good Play. has raised RMB 400 million (US$58 million) series B round from a number of Chinese investment firms. With the latest capital injection, ShineZone said it hopes to reach RMB200 million (US$29 million) in net profits in 2017.
- Feb 2017Series B$58M
#12
Series B · Shanghai, Shanghai · founded 2012 · 102 employees$26.1Mraised▾
Mars TV is an eSports event organizer. The company involves in the various activities related to eSports including organizing, broadcasting, and other related operations. Has organized several tournaments such as DAC DOTA2, Major Shanghai Super Championship, and The international 6 global final Chinese broadcast events. The company also runs an eSports live streaming platform Huomao TV.
- Jul 2015Series B$16.1M
- Jul 2014Series A$10M
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 Tech in Shanghai is moving
A read on the academic research around Gaming Tech in Shanghai — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 70 papers.
Shanghai Jiao Tong University, Shanghai University, and ShanghaiTech University optimistically drive gaming-tech research focused on computer graphics, advanced vision, and 3D modeling with overwhelmingly breakthrough-oriented findings.
- Shanghai Jiao Tong University28
- Shanghai University23
- ShanghaiTech University7
- Shanghai University of Engineering Science3
- Shanghai Institute of Microsystem and Information Technology2
- Rendering (computer graphics)10→21
- Real-time rendering2→8
- Computer graphics (images)6→8
- Computer vision3→5
- Rendering (computer graphics)26
- Computer graphics (images)13
- Real-time rendering11
- Computer vision6
- Tiled rendering6
- Rendering (computer graphics)3
- Real-time rendering2
- Graphics pipeline1
- Graphics1
- Software rendering1
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.