Kingsoft Faces Scrutiny and Downward Trends In China’s Online Game Sector

Kingsoft Software is facing a period of significant turbulence as its once-reliable Chinese gaming division, Seasun Holdings, struggles with a sharp decline in revenue and a series of high-profile product failures. According to the company’s fiscal year 2025 report released in late March, the gaming and electronic commerce segment saw revenue plummet 28 percent year-over-year to 3.75 billion yuan. The downward trend accelerated in the fourth quarter, with revenue dropping 33 percent compared to the same period in 2024, signaling that the company’s internal attempts to stabilize its portfolio have yet to take hold. This financial retreat is particularly striking…