miHoYo and Bilibili Named Among 'Top 10 Shanghai Cultural Enterprises', Sparking Revenue Debate

Recently, a list of 'Top 10 Shanghai Cultural Enterprises' has caught the attention of the gaming community, with major players like miHoYo and Bilibili making the cut. While the list reflects corporate influence, the way the data was presented sparked immediate confusion among observant fans.

Regarding the revenue figures, players pointed out that the entity representing miHoYo is a subsidiary known as 'Yingtie,' while the business operations for their hit title 'Genshin Impact' are housed under the 'Tianming' subsidiary. Consequently, fans noted that one cannot simply calculate miHoYo's total revenue based on the 52.2 billion CNY figure, which actually represents the combined revenue of all ten companies on the list.

The list triggered plenty of banter: some jokingly suggested that miHoYo CEO Liu Wei is just a figurehead, while the true control lies with 'Bronya Zaychik' (a character from their game). Others questioned the 'cultural' significance of some companies on the list, such as those primarily focused on fishing-themed arcade games.

Additionally, when someone asked why the LPL (League of Legends Pro League) is considered a 'Shanghai brand,' the community clarified that the event operator, TJ Sports, is headquartered in Shanghai. This 'microscopic' deep dive into business data highlights just how closely players track the financial mechanics behind their favorite industry figures.