Papergames Reports $0.95 Billion Revenue in 2024, Driven by Female-Targeted Hits
Chinese game developer Papergames achieved significant financial success in 2024, generating over RMB seven billion ($0.95 billion) in revenue across all platforms. This figure represents a nearly five-fold increase compared to its 2023 earnings, according to data cited by gaming media outlet GameLook. The substantial growth was primarily driven by the launch of two major titles: the role-playing romance game Love and Deepspace and the open-world dress-up adventure Infinity Nikki. Notably, Love and Deepspace alone accounted for approximately RMB six billion ($0.82 billion) of the total global revenue. This performance aligns with broader industry trends, as highlighted in the 2025 China Game Industry Trends and Potential Analysis Report by research institute Gamma Data. The report indicates that China’s female-targeted game market experienced a remarkable 124.1% year-on-year growth in 2024. Papergames' success underscores the expanding influence and profitability of games designed specifically for female audiences within the Chinese gaming sector and globally. The company's strategic focus on niche genres such as romance and fashion-based adventures has proven highly effective in capturing this growing demographic, marking a pivotal year for the developer and the specialized market segment it serves.
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Papergames Reports $0.95 Billion Revenue in 2024, Driven by Female-Targeted Hits
Chinese game developer Papergames achieved significant financial success in 2024, generating over RMB seven billion ($0.95 billion) in revenue across all platforms. This figure represents a nearly five-fold increase compared to its 2023 earnings, according to data cited by gaming media outlet GameLook. The substantial growth was primarily driven by the launch of two major titles: the role-playing romance game Love and Deepspace and the open-world dress-up adventure Infinity Nikki. Notably, Love and Deepspace alone accounted for approximately RMB six billion ($0.82 billion) of the total global revenue. This performance aligns with broader industry trends, as highlighted in the 2025 China Game Industry Trends and Potential Analysis Report by research institute Gamma Data. The report indicates that China’s female-targeted game market experienced a remarkable 124.1% year-on-year growth in 2024. Papergames' success underscores the expanding influence and profitability of games designed specifically for female audiences within the Chinese gaming sector and globally. The company's strategic focus on niche genres such as romance and fashion-based adventures has proven highly effective in capturing this growing demographic, marking a pivotal year for the developer and the specialized market segment it serves.
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