'Spider-Man: Far From Home' opened strong in China over the weekend, and it shows why Marvel is a more valuable franchise than 'Star Wars'

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• “Spider-Man: Far From Home” opened on Friday in China, and earned $98 million over the weekend.
• It further highlights how valuable Marvel is in China for Disney. “Avengers: Endgame” broke China’s record for the biggest opening weekend earlier this year.
• “Far From Home” opens in North America on Tuesday, and is eyeing over $200 million over the six-day holiday week.
• Visit Business Insider’s homepage for more stories.

“Spider-Man: Far From Home,” the first Marvel Cinematic Universe movie since “Avengers: Endgame,” is already off to an impressive start at the Chinese box office.

“Far From Home” opened early in China on Friday (it arrives in North American theaters on Tuesday), and took in $30 million on its first day. It went on to earn a strong $98 million over the weekend, the fourth best opening for a superhero movie in China, behind “Avengers: Endgame,” “Avengers: Infinity War,” and “Venom.”

READ MORE: ‘Avengers: Endgame’ is getting rereleased to theaters, but experts say beating ‘Avatar’ for the box-office record isn’t certain

The movie’s predecessor, “Spider-Man: Homecoming,” made $70 million in its first weekend in China in 2017. And it came to Chinese theaters two months after its domestic debut. “Homecoming” went on to gross $116 million in China and $880 million worldwide.

“Far From Home” fell way short of the “Avengers: Endgame” opening in China. “Endgame” made $107 million in its opening day, and $331 million over its first five days in China, both of which set new records.

But it further highlights how valuable Marvel is there for Disney. “Endgame” is China’s biggest Hollywood movie of all time, making more in a week than all of Disney’s “Star Wars” releases combined since “The Force Awakens” in 2015.

In its long-range forecast in May, Boxoffice.com projected “Far From Home” to earn up to $120 million domestically this weekend, and over $200 million over the six-day holiday week.

SEE ALSO: Warner Bros. named a new CEO and ‘Justice League’ fans started immediately begging her to release the ‘Snyder Cut’

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