China accounts for over 25% of global gaming revenue and is the world's largest mobile gaming market. Shanghai’s gaming industry is expected to reach over $15 billion by 2020. Shanghai is home to more than 130 gaming startups, a satellite for industry giants such as EA, Ubisoft, and Virtuos. In addition, Shanghai is host to ChinaJoy, Asia’s largest gaming expo with over 340,000 attendees including participation from Giant players such as Sony, Xiaomi, and HTC.

Over 1,000 Edtech companies are headquartered in Shanghai, and they received about $1.3 billion in venture funding between 2015 and 2017. Retech Technology, a vocational education startup, raised $18 million in an IPO in 2017. 17zuoye is an online learning platform which became a unicorn in 2018 when it raised $250 million in Series E funding led by Temasek Holdings. Zhangmen, a K-12 tutoring company, raised $350 million in Series E funding from China Media Capital and CICC Alpha in January 2019.