China Grabs Top Three Spots In Global Mobile App Ranking

Chinese Internet giants Tencent Holdings Ltd. and NetEase Inc., as well as Tencent-owned Finnish mobile game publisher Supercell Oy, took the top three spots in a ranking of global mobile app publishers based on revenue.

Tencent, Supercell and NetEase were ranked in that order as the three largest mobile app publisher based on revenue earned in 2016 from paid downloads and in-app purchases on the iOS App Store and Google Play Store. Revenue earned from in-app advertising or subscriptions outside app store channels were not included, according to the ranking published by mobile app data firm App Annie.

Tencent led a group of Chinese financial investors to acquire up to 84% of Supercell from SoftBank Group Corp. and the company's employees for US$8.6 billion last year. Supercell is retaining independent operations and continues to be headquart...

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