近日，外媒Mobilegamer.biz发布了2026年1月的全球手游收入榜。（注：数据来源AppMagic，统计范围不包 括第三方安卓渠道、网页商店及广告收入，且已扣除平台分成） 具体来看，《王者荣耀》的收入记录依旧亮眼，其内购收入在1月份实现了环比大幅增长，从12月的约7900万 美元飙升至1月的1.72亿美元。 这个收入与腾讯这款热门MOBA游戏的最高月度收入总额相当，距离其2021年10月创下的1.84亿美元历史纪 录已相差不远。 Scopely的《Monopoly Go》在几个月徘徊在1亿美元关口后，本月收入重新回升至1.2亿美元以上，较2025年1 月的1.04亿美元实现了显著同比增长。 自2024年11月以来，《Last War》的收入曲线就一直波动剧烈，继去年12月冲至近1.39亿美元后，2026年1月 其预估收入为1.2亿美元，呈现回调态势。 Dream Games的《Royal Match》经历数月平稳下滑后重拾环比增长，以1.09亿美元创下去年10月以来的首次 破亿纪录。 《Roblox》的收入在1月份出现了下滑，从12月的约1.25亿美元降至1月的1.07亿美元，与2025年1月收入基 ...

Core Insights - The global mobile game revenue ranking for 2025 shows increased competition, with several games surpassing $1 billion in revenue, but Tencent's "Honor of Kings" remains the top earner at $1.68 billion [1][2]. Revenue Rankings - "Honor of Kings" generated $1.68 billion in 2025, a slight decrease from $1.74 billion in 2024, with the majority of revenue coming from China and the U.S. contributing approximately $8.5 million [1]. - "Last War" by FunFly achieved $1.57 billion in revenue, up from $1.1 billion in 2024, despite not being launched in mainland China [1]. - "Roblox" saw revenue growth to nearly $1.49 billion in 2025, up from $1.1 billion in 2024, driven by popular user-generated content [2]. - "Whiteout Survival" from Century Huatong increased its revenue from $936 million in 2024 to $1.4 billion in 2025, ranking fourth [2]. - "Royal Match" by Dream Games earned $1.37 billion in 2025, slightly down from $1.39 billion in 2024, possibly due to competition from its new title "Royal Kingdom" [3]. - "Monopoly Go" generated $1.36 billion in 2025, down from $1.43 billion in 2024, with significant revenue from web stores [3]. - "PUBG Mobile" reported $1.12 billion in revenue, showing slight growth, but faced a decline in momentum towards the end of 2025 [4]. - "Candy Crush Saga" achieved $1 billion in revenue, marking its first time surpassing this threshold, with a slight increase from $980 million in 2024 [4]. - "Coin Master" earned approximately $650 million, continuing a trend of declining revenue for the third consecutive year [5]. Additional Rankings - The 11th to 20th ranked games include "Gossip Harbor" at $550 million, "Pokémon Go" at $494 million, and "Clash Royale" at $453 million, with notable growth for "Gossip Harbor" and "Clash Royale" [6][7]. - "Pokémon Go" has seen a decline in revenue for four consecutive years, dropping below $500 million in 2025 [7]. - "Bun Bun Kingdom" generated nearly $450 million in its first year, indicating potential for future growth [8]. - "Honkai: Star Rail" experienced a revenue drop from $562 million in 2024 to $423 million in 2025, while "Genshin Impact" also saw a decline [8].

Core Insights - The global mobile game revenue rankings for December 2025 show significant performance variations among top titles, with "LastWar" leading the chart with a revenue of over $141 million, marking its fifth month surpassing this threshold [1] - "Roblox" follows in second place with approximately $119 million in revenue, experiencing a slight increase compared to the previous year but failing to replicate the summer's peak performance [1] - "Monopoly Go" from Scopely saw a revenue drop to about $109 million, maintaining stability compared to the previous year but below its usual monthly average [2] - "Candy Crush" achieved stable revenue of nearly $83 million, showing slight declines year-over-year [2] - "Honor of Kings" experienced a revenue decline to just under $79 million, continuing a trend of annual revenue drops [3] - "Gossip Harbor" and "Kingshot" reported record revenues of over $72 million and $70 million respectively, indicating strong growth [4] - "PUBG Mobile" faced a significant revenue drop to approximately $53 million, reflecting a broader trend of reduced monetization efforts ahead of promotional events [4] - The rankings also highlighted notable movements, with "Last Z: Survival Shooter" rising three places, and "MapleStory: Idle RPG" climbing twelve spots [5] Revenue Performance - "LastWar" topped the revenue chart with $141 million, primarily driven by the U.S. market [1] - "Roblox" generated $119 million, showing an increase of $8 million year-over-year [1] - "Monopoly Go" reported $109 million, consistent with the previous year's performance [2] - "Whiteout Survival" and "Royal Match" maintained revenues of $106 million and $100 million respectively, both showing year-over-year declines [2] - "Candy Crush" earned nearly $83 million, slightly down from the previous year [2] - "Honor of Kings" saw revenues drop to just under $79 million, significantly lower than its peak [3] - "Gossip Harbor" achieved record revenue of over $72 million, while "Kingshot" also reached new highs with over $70 million [4] - "PUBG Mobile" reported $53 million, reflecting a significant decline from previous months [4] - "Pokémon TCG Pocket" earned approximately $36 million, down from over $117 million in the previous year [6] Rankings and Trends - The top 20 mobile games in December included "LastWar," "Roblox," and "Monopoly Go," with notable entries like "Gossip Harbor" and "Kingshot" showing strong upward trends [1][4] - "Last Z: Survival Shooter" and "MapleStory: Idle RPG" experienced significant ranking improvements, indicating growing popularity [5] - "Clash of Clans" fell 15 places in the rankings, achieving a low revenue of about $18.5 million [6]

Core Insights - Sensor Tower released the global mobile game revenue and download rankings for October 2025, with "Last War: Survival Game" by FUNFLY maintaining the top position in revenue [1] - Following "Last War: Survival Game," the top five games include "Honor of Kings," "Royal Match," "MONOPOLY GO!," and "Whiteout Survival" [1] Revenue Rankings - "Last War: Survival Game" continues to lead the global mobile game revenue chart for October 2025 [1] - The second position is held by "Honor of Kings," a well-known title in the mobile gaming industry [1] - Other notable games in the top five include "Royal Match," "MONOPOLY GO!," and "Whiteout Survival," indicating a competitive market landscape [1] Download Rankings - The article does not provide specific download rankings, but it highlights the revenue performance of the top games, suggesting a correlation between revenue and download popularity [1]

Core Insights - The global mobile game revenue rankings for June 2025 have been released, with Tencent's "Honor of Kings" leading the chart despite a month-over-month revenue decline [1][2]. Group 1: Top Revenue Generating Games - "Honor of Kings" by Tencent generated $143 million in June, maintaining its top position despite a $40 million drop from May's $184 million [2]. - "Whiteout Survival" and "LastWar" closely follow, with "Whiteout Survival" earning $128 million and "LastWar" at $127 million, showing a very narrow revenue gap [2]. - "Royal Match" ranked fourth with a revenue of $117 million, marking its first drop below $120 million since June 2024 [3]. Group 2: Notable Trends and Changes - "Monopoly Go" by Scopely has stabilized around $100 million for three consecutive months, while "Candy Crush Saga" saw its revenue fall below $100 million for the first time since February, now at $97 million [3]. - "PUBG Mobile" and "Peacekeeper Elite" also experienced revenue declines, with "Peacekeeper Elite" dropping from approximately $120 million in May to about $94 million in June [3]. - "Pokémon Go" saw a significant revenue increase to over $62 million due to community events, while "Pokémon TCG Pocket" faced a decline from approximately $81 million to $56 million [4]. Group 3: Rankings Beyond the Top 10 - "Genshin Impact" by miHoYo ranked 11th with $48.8 million, while "Gossip Harbor" reached $44.2 million, marking a new high [5][6]. - "Roblox" continued to struggle with a revenue drop to $39.2 million, while "Kingshot" surged to $37.3 million, climbing 13 positions [6][7]. - "Clash Royale" by Supercell achieved a revenue of approximately $36 million, marking its best performance since December 2021 [7].

Core Insights - Tencent's "Honor of Kings" continues to maintain its position as the top-grossing mobile game globally according to Sensor Tower data [1] - "Whiteout Survival" has climbed to the second position in the global mobile game revenue ranking [1] - The other games in the top five include "Last War: Survival," "Royal Match," and "MONOPOLY GO!" [1]

Group 1: Game Revenue Rankings - Tencent's "Honor of Kings" regained the top position in global mobile game revenue in April 2025, rising four places from the previous month [1][3] - "Last War: Survival" climbed to second place, benefiting from seasonal events like Easter [3] - "Whiteout Survival," "MONOPOLY GO!," and "Royal Match" ranked third to fifth, showcasing their consistent revenue generation capabilities [3] Group 2: Mobile Game Market Overview - Global mobile game player spending on App Store and Google Play reached approximately $6.48 billion in April 2025, a 4.5% decrease month-over-month [4] - The United States remains the largest mobile game market with revenues around $2 billion, accounting for 31.5% of total spending [4] - China (iOS) and Japan ranked second and third with 18.8% and 13.2% market shares, respectively [4] Group 3: Game Downloads Rankings - "Block Blast!" topped the global mobile game download chart in April 2025, followed by "ROBLOX," "Free Fire," "Subway Surfers," and "Ludo King" [5][8] - Global mobile game downloads reached 3.93 billion in April, reflecting an 8.4% decrease from the previous month [8] - India led in downloads with 739 million, representing 18.8% of the total, while the U.S. and Indonesia followed closely [8] Group 4: Notable Game Performances - "Honkai: Star Rail" saw a significant rise of 24 places in the rankings, driven by new character releases and popular events [4] - "Delta Force" achieved the highest download growth in April, ranking sixth overall, thanks to strong performances in the U.S. and Brazil [9] - New titles like "Cookingdom" and "Once Human" also performed well, indicating the importance of established gameplay and cross-platform adaptations in driving downloads [9]

Summary of Yalla Technology Conference Call Company Overview - **Company**: Yalla Technology (雅乐科技) - **Industry**: Social and Gaming Services Key Points Financial Performance - Significant growth during the Spring Festival with a **17% quarter-over-quarter increase** and nearly **20% year-over-year growth** in revenue [2] - Net profit increased by **17% year-over-year** [2] - Despite a slight decline in paid users due to Ramadan, the overall user base remains strong [2][3] Stock Buyback Plan - The company plans to double its stock buyback to **$28 million** in 2025, having already spent over **$27 million** from March 31 to May 16 [4] - CEO announced an additional **$22 million** buyback, committing to cancel all repurchased shares to enhance shareholder returns [4][5] Product Development and Launches - Two match-3 games are expected to launch in Q3 2025, with a Roguelike game in Q4 [6] - A casual board game has been launched, currently undergoing monetization adjustments [6] Revenue Breakdown - Revenue sources: **70% from social services** and **30% from gaming services** [7] - Major revenue contributors are Yalla and Ludo, with Ludo accounting for **two-thirds** of revenue [7][8] - The Turkish market's Mahjong product, **101 OK**, has shown exceptional performance, generating over **$10 million** annually [7] User Metrics - Monthly Active Users (MAU): Ludo contributes **two-thirds** of the group's **45 million MAU** [7] - Revenue Per User (RPU) for Yalla is in the range of **$10-$20**, while Ludo has a lower RPU of around **$5** [7][8] - Yalla's paid user rate is relatively low at **10-20%**, while Ludo's is higher at **40-50%** [7] Market Position and Competition - Yalla is the largest voice social platform in the Middle East with a **40% profit margin** [4][9] - Ludo competes strongly in the gaming market, surpassing Indian competitors in revenue and MAU [9] - The user demographic for Yalla is primarily aged **18-35**, while Ludo attracts a broader age range of **12-40** [9] Cost Structure and Profitability - Gross margin is approximately **65%**, with a net profit margin around **40%** [11] - Sales and marketing expenses account for about **10%** of total revenue, with R&D expenses also around **10%** [11] Future Growth and Expansion Plans - The company aims to explore new game releases outside the Middle East, particularly in regions with strong gaming revenue potential [14] - Plans to penetrate European and Southeast Asian Muslim markets [14] Strategic Direction - The company has shifted focus from one-on-one video social features to integrating voice social elements into existing products [15] - Open to potential acquisitions, particularly in gaming or social sectors, but will only pursue high-quality opportunities [18] Financial Outlook - 2025 revenue is projected to be around **$340 million**, with low single-digit growth expected [17] - Profit margins are anticipated to remain stable at around **40%** [17] Cash Flow and Financial Health - The company maintains a strong cash flow position, supporting future development and buyback plans [19]