Chinese Game Companies Completed 43 M&A Deals in First Half of 2026
Chinese game developers and publishers completed 43 M&A deals worth more than $8.86 billion in the first half of 2026, according to Youxi Tuoluo.
Rather than selling every reward separately, a battle pass arranges items along a progression track for a limited season. Players earn levels through play, challenges, or experience and unlock rewards at specified milestones. Many games pair a free track with a paid premium track; some also sell tier skips. Battle passes commonly contain cosmetics, currency, boosts, and other digital items, though the exact model varies. Their time limits can encourage regular participation but may also create pressure to play before rewards expire. A battle pass differs from a traditional season pass, which usually bundles future downloadable content.
Chinese game developers and publishers completed 43 M&A deals worth more than $8.86 billion in the first half of 2026, according to Youxi Tuoluo.
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