Esports industry rakes in 26.3 billion yuan

The number of esports players in China reached 488 million in 2023, up 0.1 percent compared to the previous year, according to an industry report released in South China's Shenzhen on Wednesday.

The actual revenue of the esports industry was 26.35 billion yuan ($3.71 billion) in 2023, down 1.31 percent year on year, as reported by the Electronic Sports Committee of China Audio-Video and Digital Publishing Association.

In the breakdown of revenue sources, esports livestreaming claimed the largest share at 80.87 percent, while event and club revenue accounted for 8.59 percent and 6.42 percent, respectively.