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$34 billion in 2 days, that's how much Tencent lost after PUBG ban

Name: $34 billion in 2 days, that's how much Tencent lost after PUBG ban
Uploaded: 2020-09-04T23:17:06.000+05:30
Duration: T00M38S
Channel: Editorji News Desk
Description: The ban on the popular mobile game PUBG has hit the game’s developer Tencent Holdings pretty hard. Reports say, the Chinese tech giant has lost $34 billion in terms of market value, in just a day afte...

Updated: Sep 04, 2020 15:05

Editorji News Desk

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The ban on the popular mobile game PUBG has hit the game’s developer Tencent Holdings pretty hard.

Reports say, the Chinese tech giant has lost $34 billion in terms of market value, in just a day after the ban on 118 Chinese apps in India.

PUBG Mobile has been Tencent’s biggest moneymaker in India among all the other games that it offers, and raked in around 30 million daily active users.

India is also the leading country when it comes to the total number of active users across the globe, making it Tencent's most crucial market.

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$34 billion in 2 days, that's how much Tencent lost after PUBG ban

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$34 billion in 2 days, that's how much Tencent lost after PUBG ban

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