PUBG Mobile Ban in India Costs Tencent Nearly $34 Billion
The company behind the Chinese app PUBG Mobile, Tencent, loses nearly $34 billion two days after the India banned the iconic game. This is the Chinese technology company's 2nd-largest valuation dip this year. The company lost $66 billion last month when US President Donald Trump banned WeChat. Tencent now hopes to engage with Indian authorities to ensure continued availability of its apps in the country. Watch this video to know more.
The company behind the Chinese app PUBG Mobile, Tencent, loses nearly $34 billion two days after the India banned the iconic game. This is the Chinese technology company's 2nd-largest valuation dip this year. The company lost $66 billion last month when US President Donald Trump banned WeChat. Tencent now hopes to engage with Indian authorities to ensure continued availability of its apps in the country. Watch this video to know more.
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