Ip Man 2 was released in select Asian countries and in Australia on 29 April 2010. The film's cast, Donnie Yen, Sammo Hung, Huang Xiaoming, Lynn Hung, and Kent Cheng attended the premiere, and donated a total of
¥500,000 (
US$73,200) to relief efforts helping in the
disaster recovery. The film held private screenings in
Chengdu on 21 April 2010, and in China on 27 April 2010, receiving positive reactions from audiences. and
Ip Man 2 was released in the United States by
Variance Films on 28 January 2011. surpassing
Ip Man opening weekend gross of HK$4.5 million (US$579,715). The sequel claimed first place at the box office, grossing HK$1 million more than
Iron Man 2. The film's revenues decreased by 28.1% in its second weekend, earning HK$9,719,603.56 (US$1,248,996) to remain in first place. The film dropped 45.7% in its third week, bringing in HK$5,293,401 (US$678,613) while still remaining in first place.
Ip Man 2 continued to stay at number one at the box office, dropping an additional 39.4% in its fourth week and grossing HK$3,199,567 (US$411,115). During its fifth week, the film moved to fifth place at 79.3%, grossing HK$664,535 (US$85,325).
Ip Man 2 grossed HK$43,268,228.72 (US$5,558,704) domestically. The sequel's domestic gross in Hong Kong puts it ahead of
Ip Man total box office gross of HK$25,581,958.69 (US$3,300,847).
Ip Man 2 also broke box office records in Singapore. The film was the highest-grossing Hong Kong film to be released in the country, beating a five-year record held by
Kung Fu Hustle. On its opening weekend
Ip Man 2 came in second place behind
Iron Man 2, grossing
SG$1.74 million (US$1,264,919). The film's opening weekend gross surpassed
Ip Man 2008 weekend gross of SG$827,000 (US$463,946). In total,
Ip Man 2 has grossed US$49,721,954 worldwide during its theatrical run.
Performance analysis Analysts believed that
Ip Man 2 box office success was related to the favorable reputation and popularity of its first installment. Huang Qunfei, a general manager of the Chinese theater chain New Film Association Company, made notice of Chinese viewers preferring films made domestically over ones made in Hollywood: "Chinese viewers are less obsessed with Hollywood blockbusters than before. Finally, it is the film's quality that matters. With a good story, local films are likely to win more favor among audiences." Liu Wei of
China Daily noted that the film's finale was similar to its competition against
Iron Man 2 at the box office: "The hero of
Ip Man 2...faces up to a Western boxer and knocks him out. Off screen, it is a similar story." Another factor was that the illegal recording, downloading and
file sharing of the film would cause a potential loss in revenue. A pirated version was released online, one week after the film's release in China, and attracted more than 10 million online users. Raymond Wong publicly expressed that he would be pursuing legal action against the originator of the illegal downloads.
Critical reception The
review aggregator website
Rotten Tomatoes reported that 97% of critics have given
Ip Man 2 a positive review based on 29 reviews, with an average rating of 6.92/10. At
Metacritic, the film has a weighted average score of 67 out of 100 based on 13 critics, indicating "generally favorable reviews". Singaporean film critic Genevieve Loh of
Channel NewsAsia wrote, "
Ip Man 2 delivers. Perhaps not as action-packed with dignified choreography as showcased by its excellent predecessor, this installment is nonetheless still exciting, if a tad one-dimensional." James Marsh of
Twitch Film praised the film, writing, "
Ip Man 2 looks fantastic and does a grand job of evoking the period authentically, lending the film a much-appreciated sense of dramatic gravitas." Joy Fang, a critic for online news portal
AsiaOne wrote, "While not as big a movie as the first one, which focuses on heartbreaking and intense issues arising from the Japanese occupation in China, this film evokes Chinese pride with its strong cultural roots." Ho Yi, of the
Taipei Times wrote, "Despite its plot holes, the
Ip Man series has potential and recalls the 1990s'
Once Upon a Time in China franchise starring
Jet Li." Amir Hafizi of
The Malay Mail praised Sammo Hung's martial arts choreography: "With fluid movements intricate interplay between contrasting martial styles and gorgeous sequences, kung fu fans will definitely get their eye-balls' worth here as this time around, the introduction of Western boxing into the mix makes for some interesting choreography."
Roger Ebert of the
Chicago Sun-Times awarded
Ip Man 2 three stars out of four, writing, "In its direct and sincere approach, it's a rebuke to the frenzied editing that reduces so many recent action movies into incomprehensible confusion."
Darcy Paquet of
Screen Daily had mixed opinions of the film. He wrote that the film's performances and fight sequences "should ensure decent theatrical runs." Paquet concluded his review by writing, "Ultimately, the film's energy and humour overcome cartoonishly bad performances from the British actors and an utter lack of surprises in the final two reels." Amanda Foo of
The UrbanWire awarded the film two stars out of five, writing in her review, "It's no surprise that Donnie Yen isn't willing to sign up for any more
Ip Man movies, with the shameless repetition that is happening in these films, even the most ardent fan would be tired." Matt Prigge of
Metro New York stated in 2016, "There are gobs of films about Ip Man [...] Of these, the three films starring Donnie Yen are the trashiest; the second one is basically a remake of
Rocky IV."
Home media In Hong Kong,
Ip Man 2 was released on
DVD, and
Blu-ray Disc formats on 25 June 2010. Releases include a single-disc edition and a two-disc special edition on DVD Features for the special edition DVD, as well as the Blu-ray disc, include deleted scenes, several
theatrical trailers, cast and crew interviews, a making-of featurette, coverage of the film's gala premiere, and a shooting diary. Coinciding with the sequel's home video release, both
Ip Man and
Ip Man 2 were released as a double feature on DVD and Blu-ray Disc. Releases include two-disc special editions of both feature films with a total of four discs on DVD, as well as a standard DVD edition featuring both films with a total of two discs. In the United Kingdom,
Ip Man 2 was 2011's sixth best-selling foreign-language film on physical
home video formats, and the best-selling Chinese film (above the original
Ip Man at number seven). ==Sequel==