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Genshin Impact Creator miHoYo Hits $23 Billion Valuation

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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, reflecting its roots and heritage.


The banner mechanic in Genshin Impact has been instrumental in driving the game's revenue. This feature enables players to pull for characters and weapons during limited-time periods, serving as the primary source of income for the game. The latest update, version 4.5, introduced the captivating five-star geo character, Chiori, alongside the compelling addition of Arataki Itto, offering players new experiences and enhancing the game's appeal.


miHoYo's remarkable achievement in reaching a $23 billion valuation demonstrates its position as a leading player in the gaming and entertainment industry, paving the way for continued success and innovation.


Oneiric Shard: Usage and Acquisition

Oneiric Shards are a crucial resource in Honkai Star Rail, vital for upgrading and enhancing the skills of Valkyries and Stigmata, thereby boosting the combat efficiency of characters in the game. Players aiming to fortify their teams can obtain these shards by completing various in-game activities such as story missions, event rewards, and daily quests, or by competing in challenging modes like Abyss or Memorial Arena. For those seeking a quicker enhancement, Oneiric Shards can also be procured through a Honkai Star Rail top up on game trading platforms, enabling the direct purchase with real currency to expedite progression and gain a competitive edge.


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