miHoYo, the creator of the popular game Genshin Impact, has made a significant achievement by reaching a valuation of $23 billion according to a recent revenue report. This milestone underscores the company's remarkable growth and success in the entertainment industry.



In February 2022, miHoYo took a major step towards global expansion with the launch of its subsidiary, Hoyoverse. This strategic move aimed to encompass the developer's diverse entertainment ventures beyond gaming. While embracing a global identity with Hoyoverse, the company retains its original name in China, reflect

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