Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Global Consumer Spending On Mobile Games Surges By 27% In Q3 2020, Thrice Desktop Game Purchases

According to the research data analyzed and published by, global spending on mobile games shot up 26.7% in Q3 2020 to $20.9 billion. It shows a consistent increase in 2020, from $17.5 billion in Q1 2020 to $19.3 billion in Q2 2020.

Based on a report from App Annie, the third quarter saw a 25% surge in the amount of time spent weekly on mobile apps in general. Its projections estimate that consumer spending on mobile apps by the end of 2020 will be 2.8x desktop spending and 3.1x console spending.

First-Time Mobile Game Installs Soar by 28% in Q3 2020

During Q3 2020, over half of all mobile game consumer spending came from the App Store. Revenue grew by 24% year-over-year (YoY) to reach $12.4 billion. Comparatively, Play Store raked in $8.5 billion, growing 30.8% YoY. Overall spending on the App Store during the quarter surged by 31% to $19 billion. On the Play Store, it rose by 33.8% to $10.3 billion.

First-time game installs in Q3 shot up by 28% YoY to 14.2 billion, 11.9 billion on Play Store and 2.4 billion on App Store. Google Play Store saw a 36.8% growth rate in terms of installs while the App Store dropped by 4.2%. According to App Annie, average weekly game downloads rose by 15% YoY during the quarter. For the second consecutive month, there were about 1 billion game downloads each week.

Honor of Kings was the highest grossing game courtesy of its 65% increase in player spending YoY. PUBG Mobile, the previous #1 game dropped to second place after posting only 28% growth. Between September 28 and October 4, new RPG title Genshin Impact overtook PUBG Mobile. During that week, it raked in $60 million while PUBG Mobile generated $56 million according to Sensor Tower. Honor of Kings retained the top spot with $64 million.

© Scoop Media

Business Headlines | Sci-Tech Headlines


Westpac: Sets Out Plan To Go Cheque-Free

Westpac NZ has announced details of its plan to phase out cheques, after signalling in May that it would be supporting a move to other forms of payment. Cheques will cease to be available as a means of payment after 25 June 2021. Westpac NZ General ... More>>


NZTA: Major New Zealand Upgrade Programme Projects Go To Tender

Two major New Zealand Upgrade Programme projects are beginning tenders for construction. The New Zealand Upgrade Programme is a $6.8 billion investment to get our cities moving, to save lives and boost productivity in growth areas. The first Auckland ... More>>

Reserve Bank: RBNZ Seeks To Preserve Benefits Of Cash

The Reserve Bank – Te Pūtea Matua is taking on a new role of steward of the cash system “to preserve the benefits of cash for all who need them”, Assistant Governor Christian Hawkesby told the Royal Numismatics Society of New Zealand annual conference ... More>>


Economy: Double-Dip Recession Next Year, But Housing Rolls On

New Zealand's economy is expected to slip back into recession early next year as delayed job losses, falling consumer spending, and the absence of international tourists bites into growth. More>>


Microsoft New Zealand: Microsoft Expands “Highway To A Hundred Unicorns” Initiative To Support Startups In Asia Pacific

New Zealand, 14 October 2020 – Today Microsoft for Startups launches the Highway to a Hundred Unicorns initiative in Asia Pacific to strengthen the region’s startup ecosystem. This follows the initiative’s success in India, where 56 startups were ... More>>

Fonterra: Farmers Taking Another Step Towards New Zealand’s Low Emissions Food Production

They’re hot off the press and intended to help take the heat out of climate change. Fonterra farmers are already among the world’s most sustainable producers of milk and now have an additional tool in their sustainability toolbox. Over the last few ... More>>


Courts: Businessman Eric Watson Sentenced To A Four-Month Jail Term

New Zealand businessman Eric Watson has been sentenced to a four-month jail term in the UK for contempt of court, TVNZ reports. More>>

OECD: Area Employment Rate Falls By 4.0 Percentage Points, To 64.6% In Second Quarter Of 2020

The OECD area employment rate – the share of the working-age population with jobs – fell by 4.0 percentage points, to 64.6%, in the second quarter of 2020, its lowest level since the fourth quarter of 2010. Across the OECD area, 560 million persons ... More>>

Spark: Turns On 5G In Auckland And Offers A Glimpse Into The Future Of Smart Cities

Spark turned on 5G in downtown Auckland today and has partnered with Auckland Transport (AT) to showcase some of the latest in IoT (Internet of Things) technology and demonstrate what the future could look like for Auckland’s CBD with the power of 5G. 5G is ... More>>

Stats NZ: Monthly Migration Remains Low

Since the border closed in late-March 2020, net migration has averaged about 300 a month, Stats NZ said today. In the five months from April to August 2020, overall net migration was provisionally estimated at 1,700. This was made up of a net gain ... More>>

University of Canterbury: Proglacial Lakes Are Accelerating Glacier Ice Loss

Lake Tasman, New Zealand | 2016 | Photo: Dr Jenna Sutherland Meltwater lakes that form at glacier margins cause ice to recede much further and faster compared to glaciers that terminate on land, according to a new study. But the effects of these glacial ... More>>


Dairy: Fonterra Sells China Farms

Fonterra has agreed to sell its China farms for a total of $555 million (RMB 2.5 billion*1), after successfully developing the farms alongside local partners. Inner Mongolia Natural Dairy Co., Ltd, a subsidiary of China Youran Dairy Group Limited ... More>>