Papergames,Horror Archives a Chinese game developer focused on female-targeted mobile games, gained over RMB seven billion ($0.95 billion) in revenue across all platforms in 2024, nearly five times the revenue of 2023, according to gaming media outlet GameLook. Last year, Papergames launched two titles: the role-playing romance game Love and Deepspace and the open-world dress-up adventure game Infinity Nikki. Notably, Love and Deepspace generated around RMB six billion ($0.82 billion) in global revenue in 2024. According to the 2025 China Game Industry Trends and Potential Analysis Report released by Chinese research institute Gamma Data, China’s female-targeted game market grew by 124.1% year-on-year in 2024. [GameLook, in Chinese]
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