01.03.2021

miHoYo earned almost $800 million in 2020. All thanks to the success of Genshin Impact

The Chinese studio miHoYo became known around the world after it released Genshin Impact in September last year. In the wake of the success of the game, the developers managed to double the annual revenue compared to 2019.

Genshin Impact

This was told by the co-founder of the company Cai Haoyu (Cai Haoyu), when he gave a speech to graduates of Shanghai University.

According to him, in total, in 2020, miHoYo earned about 5 billion rubles ($774 million).

Haoyu did not specify how much of this money Genshin Impact generated. But he added that the huge popularity of the game led to the fact that the studio was forced to hire another 1010 employees. This is 70% more than it was in miHoYo in 2019. Now the company employs 2,400 people.

Earlier, analysts reported that the global release of Genshin Impact has become one of the largest in the history of Chinese games. According to Sensor Tower, already at the beginning of December 2020, only the mobile version of the title collected about $ 393 million. Genshin Impact is also available on PC, PS4 and Nintendo Switch, but its revenue on these platforms has not yet been disclosed.

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