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Radar · Mobile Gaming in Shanghai

Best Mobile Gaming Companies in Shanghai, China

The 83 best Mobile Gaming companies in Shanghai, China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Shanda Games.

83companies tracked
$699.2Mdisclosed funding
0unicorns
29have raised

Ranked: Best Mobile Gaming companies in Shanghai

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1Shanda Games
Game developer and publisher based in China
$472M100 mo agoAcqui-Hired—1999——
251.com
Online gaming portal and community
$67M217 mo agoSeries CPang Shengdong
CEO
2005PHPNginxOpenResty+8—
3ShineZone
Online and mobile games developer for overseas markets
$58M112 mo agoSeries BFrank Lee
Founder & CEO
2008——
4MorningTec
Internet games distributor
$16M131 mo agoSeries BMing Zhu
Founder
2013——
5Youxiduo
Mobile games platform
$16M136 mo agoDeadpooledChen Yichao
CEO
2010——
6UltiZen
Mobile and web games developer
$16M190 mo agoSeries C—2005——
7Uzone Games
Mobile gaming studio
$15M121 mo agoSeries BAngel Mo
Founder & CEO
2014——
8the9gamezone
Video game developer focusing on core game
$8M14 mo agoPublic—1999UbuntuTailwind CSSVue.js+4—
9Taomee Entertainment
Developer of mobile and web based games along with other entertainment services for children
$8M—Early Stage—2007PHPNginxjQuery UI+5—
10Haymaker Game
Mobile game developer
$4M131 mo agoDeadpooledChen Feng
CEO
2013——
11Directive Games
Mobile game development studio
$4M133 mo agoSeries AYohei Ishii
Co-Founder
2014——
12Spicy Horse Games
3D Game Developer on web browsers
$3M182 mo agoSeries AR J Berg
Co-Founder & COO
2006——
13Soco Soft
Mobile game developer
$3M199 mo agoSeries AShen Ye
Founder
2005——
14MetaDerby
NFT-based trading platform for horse racing games
$2M50 mo agoSeedMuse
Co-Founder
2021——
15Lusionsoft
VR game and content development studio based out of Shanghai
$2M108 mo agoSeedFeng Pan
Founder and CEO
2016——
16MyGamez
Game publisher and publishing platform
$2M30 mo agoSeries ACharles Chiang
Coo/Founder
2013WebflowMicrosoft 365jQuery+8—
17Haiyi Qi
Game development company
$2M134 mo agoSeedZhou Chaoen
CEO
2014——
185211game
Provide platform for online and mobile games
$1M147 mo agoSeries BXin Xu
Founder
2009Windows ServerMicrosoft ASP.NETRequireJS+4—

Top 12 Mobile 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.

Funding rounds
  • Mar 2025Post IPO$8M
  • May 2024Post IPO—
  • Feb 2021Post IPO—
Investors
Fengwu Capital, Elune Capital, Fine Vision Fund, Bripheno, 5Y Capital
Tech stack
HstsMicrosoft 365NginxTailwind CssUbuntuVite
#2
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.

Funding rounds
  • Feb 2018PE$472.4M
Investors
Tencent, V-Capital, Glory Capital
#3
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

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers — 60.6% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Freelance Japanese–English Interpreter
Funding rounds
  • Dec 2023Angel$1.6M
  • May 2020Series A—
Founders & team
Charles ChiangCoo/Founder
Investors
Small Giant Games, Fingersoft, Vision+, Maria 01
Tech stack
CloudflareGoogle AnalyticsGoogle Font ApiGoogle Hosted LibrariesHstsHttp/3
#4
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.

Funding rounds
  • May 2008Series C$51M
  • May 2007Series B$10M
  • May 2006Series A$6M
Founders & team
Pang ShengdongCEO
Investors
Giant Interactive, Intel Capital, Sequoia Capital, Redpoint Ventures, SIG China, Giant Innovation Investment Fund
Tech stack
AosAxiosBabelBaidu Analytics (百度统计)Core-JsCrypto-Js
#5
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.

Funding rounds
  • Feb 2017Series B$58M
Founders & team
Frank LeeFounder & CEO
Investors
Shanshan, Sinovation Ventures, Hunan High-tech Venture Capital Group
#6
Seed · Shanghai, Shanghai · founded 2021
$2.5Mraised
▾

NFT-based trading platform for horse racing games. It enables users to explore, race, breed NFT horses. It offers a free-to-play-and-earn horse racing metaverse where anyone can earn tokens through skilled gameplay.

Funding rounds
  • Apr 2022ICO$1M
  • Mar 2022Seed$2.5M
Founders & team
MuseCo-FounderKarmCo-FounderMikeCo-Founder
Investors
Old Fashion Research, AVentures DAO, Avalaunch, Shima Capital, LD Capital, Keychain Capital
#7
Series C · Shanghai, Shanghai · founded 2005 · 450 employees
$15.5Mraised
▾

Ultizen Games is a game developer and offshore game outsourcing company in China. It involves in game design, level design, programming, art design, modeling, animation production, and testing services. The company offers online casual game PC, Xbox360 live arcade game, and U-PAL online casual game platform. Ultizen Games’ outsourcing services include art design, 2D art production, 3D modeling, and animation production on various platforms; porting and networking; testing and localization; game development; and IPTV game development. The company serves North American, European, and Japanese companies. Acquired Tokyo-based developer Red Entertainment (Sakura Wars series).

Funding rounds
  • Aug 2010Series C$8M
  • Aug 2008Series B$6M
  • Jun 2007Series A$1.5M
Investors
JAFCO Asia, Hotung Venture Group, Dragonvest Partners, Pac-Link, JAIC America
#8
Series B · Shanghai, Shanghai · founded 2013
$16.4Mraised
▾

MorningTec is an online games distributor in Asia. It offers console and online games. The company also provides technical support, localization, publishing, and operating maintenance services. Provides Stella SDK, a mobile game development software tool that allows developers to port an iOS application to Android version. MorningTec targets at iOS-focused app developers in European and the U.S. market, providing them a quick channel as well as localization services to Chinese and Asian markets.

Funding rounds
  • Jul 2015Series B—
  • Jan 2014Series A$8.1M
  • Jun 2013Angel—
  • 2013Series A$8.3M
Founders & team
Ming ZhuFounder
Investors
PreAngel Fund, Haitong Leading Capital Management, Unityfund.cn
#9
Series B · Shanghai, Shanghai · founded 2014 · 20 employees
$15.4Mraised
▾

Uzone Games is a mobile gaming studio developing MMORPGs and other arcade games for mobile. Raised $3.2M (20M Yuan ) in its Series A round.

Funding rounds
  • May 2016Series B$12.2M
  • Mar 2015Series A$3.2M
Founders & team
Angel MoFounder & CEO
Investors
GP Capital, Giant Innovation Investment Fund
#10
Deadpooled · Shanghai, Shanghai · founded 2010 · 26 employees
$16Mraised
▾

Youxido is a mobile games platform owner based in Shanghai, China. Founded in 2010, the company is part of cwan.com (formerly known as cwebgame.com). Chen Yichao is the chairman and CEO of cwan.com.

Funding rounds
  • Jan 2015Series B$16M
  • Jan 2014Series A—
  • Nov 2012Angel—
Founders & team
Chen YichaoCEO
Investors
Fortune Capital, Shanda
#11
Early Stage · Shanghai, Shanghai · founded 2007 · 121 employees
$8Mraised
▾

Taomee is a children's entertainment and media company in China. The Company is engaged in developing entertainment experiences across online and mobile platforms. Company's online business includes developing and operating online virtual worlds, mobile games and other online entertainment services. The Company has launched over ten virtual worlds, including Seer series, Gong Fu Pai, Flower Angel and The Monsters, for children aged between five and 15. Also has an offline business which focuses on merchandise licensing, publishing, design and distribution of toys, as well as the development of media and entertainment products, animation, toys, films and self-branded television (TV) shows. Taomee Holdings has entered into a definitive agreement in Dec 2015 to take the company private by co-founders Benson Wang and Roc Cheng, as well as an investment arm of Orient Securities. The take-private deal is expected to close during the second quarter of 2016.

Investors
SABAN Capital Group
Tech stack
Apache Http ServerAxiosBaidu Analytics (百度统计)BootstrapClipboard.JsCore-Js
#12
Deadpooled · Shanghai, Shanghai · founded 2013
$4.5Mraised
▾

Haymaker Game is a mobile game developer headquartered in Shanghai. Its main products are "Great Dominate", "Flying Asked Love" and "Bad Boys". It mainly specializes in developing 3D FPS (First Person Shooter) games.

Funding rounds
  • Jul 2015Series A$4.5M
Founders & team
Chen FengCEO
Investors
Huayi Brothers Media Group, Oriental Fortune Capital, Z Capital

Funding & investor landscape

$699.2Mtotal disclosed funding
18companies funded
24disclosed rounds
0rounds last 90 days
Most active investors
Giant Innovation Investment Fund3 rounds
Sequoia Capital3 rounds
Atom Ventures2 rounds
Decent Capital2 rounds
NLVC2 rounds
Qingsong Fund2 rounds
Sinovation Ventures2 rounds
5Y Capital1 rounds
AVentures DAO1 rounds
Ao Ying1 rounds

Notable founders

Charles Chiang
Coo/Founder · MyGamez
Pang Shengdong
CEO · 51.com
Frank Lee
Founder & CEO · ShineZone
Muse
Co-Founder · MetaDerby
Karm
Co-Founder · MetaDerby
Ming Zhu
Founder · MorningTec
Angel Mo
Founder & CEO · Uzone Games
Chen Yichao
CEO · Youxiduo
Chen Feng
CEO · Haymaker Game
Yohei Ishii
Co-Founder · Directive Games
R J Berg
Co-Founder & COO · Spicy Horse Games
Shen Ye
Founder · Soco Soft
Prism market signals · China · country-scoped Prism corpus, 3,733,550 docs

Market landscape — 10 sub-themes by coverage

Share of Mobile Gaming coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Mobile Gaming companies are there in Shanghai, China?
Radar tracks 83 indexable Mobile Gaming companies headquartered in Shanghai, China that meet our profile-completeness bar.
What is the total funding raised by Mobile Gaming companies in Shanghai, China?
The Mobile Gaming companies in Shanghai, China on this list have raised a combined $699.2M in disclosed equity funding across 18 funded companies.
Which is the highest-funded Mobile Gaming company in Shanghai, China?
Shanda Games is the highest-funded Mobile Gaming company in Shanghai, China, with $472.4M in disclosed equity funding.
How many Mobile Gaming companies in Shanghai, China are funded?
18 of the 83 Mobile Gaming companies in Shanghai, China on this list have disclosed at least one equity funding round.
How many Mobile Gaming unicorns are there in Shanghai, China?
None of the Mobile Gaming companies in Shanghai, China on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Shanghai, China Mobile Gaming companies?
The most active investors in Shanghai, China Mobile Gaming companies on this list include Giant Innovation Investment Fund, Sequoia Capital, Atom Ventures, Decent Capital, NLVC.
Rohit KhannaTrends & Stories

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.

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