CMGE Technology Group Ltd
00302
Company Profile
Business description
CMGE, a mobile game developer and publisher based in China, derived approximately 8% of its 2023 revenue from its self-developed games. The majority, 82%, came from publishing games developed by other companies with the remaining 10% generated through licensing agreements. The company reported an average of 17 million monthly active users in 2023. We estimate that CMGE holds about 1% of the market share in China's online gaming industry.
Contact
Zhongkang North Road
10th Floor, Building No. 4
Zhuoyue Meilin Center Square
Futian District, Guangdong Province
Shenzhen
CHNT: +86 75588351991
Sector
Communication Services
Stock type
Sensitive
Industry
Electronic Gaming & Multimedia
Fiscal Year End
31 December 2024
Employees
837
Morningstar Investment Ideas
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