miHoYo Ranks 6th in Shanghai's Top 100 Software Firms: A Cultural Powerhouse and Revenue Giant

Recently, a high-profile list, the '2022 Shanghai Top 100 Software and Information Technology Service Enterprises,' has become the talk of the community. Based on revenue scale and growth velocity between 2019 and 2021, miHoYo (Shanghai miHoYo Tianming Technology Co., Ltd.) secured an impressive 6th place, solidifying its status as a major industry player.

The top five companies include Alipay, Pinduoduo, Meituan, China UnionPay, and Ele.me. As a company deeply rooted in the ACG (Anime, Comic, and Games) scene, placing ahead of Tencent's Shanghai division sparked heated debate among fans, with users questioning the methodology and asking, 'Is this a win or a loss?' or 'How is miHoYo ranked higher than Tencent?'

Sharp-eyed observers pointed out that the ranking methodology accounts for both revenue and growth, and noted that the 'Tencent' entry refers specifically to its Shanghai subsidiary rather than the entire holding company. Given that miHoYo previously reported over 20 billion RMB in revenue and 1.8 billion RMB in taxes for 2021, many in the community are marveled by its formidable financial performance, proving that the 'ACG influence' is a force to be reckoned with.