Core Insights - The overall revenue of mobile games in China has decreased by 7% month-on-month, impacting both the new game market and the performance of existing titles [1] - The overseas mobile game market is also experiencing a downturn, with a significant drop in new game releases and revenue [1] Domestic Market Summary - In July, three new games were released, but their performance did not show significant growth over an extended period [3] - Notable new releases in August include: - "Ling Beast Adventure" by NetEase, with over 990,000 downloads and estimated revenue of $4.44 million [2] - "Fearless Contract: Source Action" by Tencent, achieving over 12.43 million downloads and estimated revenue of $9.23 million (approximately RMB 65.97 million) within two weeks [11] - "Clockwork Mobilization" by Mutong, which features a retro American art style and has potential for future performance [14] - The game "Ninja Storm: Leaf Master" by Zhongyou and "Mimi Mima" by Tiandi Network have shown a noticeable decline in data despite promotional efforts [5] Overseas Market Summary - The number of new game releases in the overseas market has decreased significantly, with only nine new titles launched last month [18] - Key overseas releases include: - "BRAVE FRONTIER LEGION" by GrandSoft, with over 220,000 downloads and estimated revenue of $2.52 million [19] - "Fate War" by IGG, which has shown promising performance in T1 markets [29] - "Destiny: Rising" by NetEase, which has garnered over 10 million pre-registrations prior to its international launch [31] - The overall performance of overseas new games has declined, with no titles exceeding $1 million in estimated revenue this month [25]