China’s online game market by revenue grew to 7.82 billion yuan ($1.2 billion) in the first quarter, up 42 percent year on year, said the report.

The top game operator was Tencent Holdings with a quarter of the market followed by Shanda with 21 percent and NetEase.com with 15.7 percent.

China has the world’s largest Internet market by users with over 400 million netizens. There were between 60-70 million online gamers at the end of 2009.

Source : Konaxis