Chinese online market to bring in $11.9 billion during 2013
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Niko Partners expects the Chinese online market to bring in $11.9 billion in 2013 despite a decline in casual, MMO and social gaming. The market in this sector grew from $10 million in 2001 to over $9 billion in 2012. The analyst firm expects growth to slow between now and 2018, but still expects it to add over $2 billion in total revenue each of those five years. The firm also noted that titles such as League of Legends and online shooters are rather popular with 18-24-year-old males, helping revive the Internet café sector. Thanks, GI International.