Bilibili did not immediately respond to a request for comment on Friday.
China approves 31 more foreign video games, pushing 2023 total past last year
China approves 31 more foreign video games, pushing 2023 total past last year
The closure of the game immediately triggered speculation and controversy concerning the game’s content. The female characters with horse ears and tails were said to be evocative of horse racing, which has implications of encouraging gambling activities. Chinese gaming regulations bar the encouragement of illegal activities, making the horse racing element sensitive in China.
The National Press and Publication Administration, the regulatory authority in charge of approving games for sale in the country, did not issue any information about the title, which was among a group of 27 games approved for import in March. China has a rigid screening system for imported games, as foreign titles must be localised by a Chinese partner, which must then apply for a licence to monetise it in the mainland.
Pretty Derby is based on the life stories of so-called horse girls – human girls who possess equine features. Players can train and raise their own horse girls.
The game, which was originally launched overseas in February 2021 and had raked in US$2 billion as of March, was one of the most anticipated mobile games in China this year amid growing interest in the genre of anime-style games.
Bilibili, which had yet to turn a profit since it went public in the US in 2018, has been betting big on mobile games since CEO Chen Rui took over direct management of the company’s video gaming unit last November.
However, turning this business plan into reality has proven challenging. The company’s second-quarter revenue fell 8 per cent year on year to 5.3 billion yuan (US$723.2 million). Revenue for mobile games, which makes up 17 per cent of total revenue, tumbled 15 per cent.