Annual revenue and net profit of HoYoverse 2020-2022
In 2022, the annual revenue of HoYoVerse (formerly known as MiHoYo) amounted to about 42.5 billion yuan. The Chinese game developer is best known for its anime-style game Genshin Impact. Since its release in September 2020, the action role-playing game has become one of the highest-earning titles in the world. Within six months, it achieved one billion U.S. dollars in player spending, the fastest mobile gaming app was able to do that.