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MiHoYo Co., Ltd. [note 1] is a Chinese video game development and publishing company founded in 2012 and headquartered in Shanghai. The company is best known for developing the Honkai series, Tears of Themis , Genshin Impact , and Zenless Zone Zero .
In January 2011, using the grant, they established miHoYo in a university dormitory while they were second-year graduate students. [7] [11] [12] It began as a literary open source community. [13] Cai is the chairman of miHoYo, which by 2021, made over ¥10 billion (US$1.4 billion) in revenue. [4]
On release, only two of the seven major regions intended for the game were released, and miHoYo anticipates it will take several years for the game's story to be completed. [115] In a presentation given in February 2021, miHoYo former president Cai Haoyu estimated that ongoing development for the game would cost $200 million per year. [59]
Liu currently owns 22.6 per cent stake of miHoYo, being the second largest shareholder. [6] In December 2020, Liu was appointed as a non-executive director and a member of the Strategic Development Committee of XD Inc. [7] In July 2022, Liu took on the role of part-time vice president of the Shanghai Federation of Industry and Commerce. [8]
Chinese video games developer miHoYo, which makes Genshin Impact, this week received a rare licence from Beijing to launch a rumoured shooting game to players in China, giving it a leg up against ...
FlyMe2theMoon is the first-ever game in the Honkai series, developed and released as an independent game by "miHoYo Studio" before the establishment of miHoYo company. [ 6 ] [ 33 ] On 28 September 2011, miHoYo released FlyMe2theMoon , a paid game priced at 18 Chinese yuan , on the App Store as an independent developer. [ 34 ]
In the same year, Kuro Games was founded by Guangzhou Kuro Technology Company Limited, a relatively small company with only about 30 employees. [ 6 ] On October 23, 2019, Kuro Games announced that it has received a capital increase of $30 million from Hero HootSuite, and as a result, will hold a 32.5% stake in Kuro Games.
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