Revenue Loss Due To Pubg Ban

Tencent has not 43 billion in two days after the pubg mobile ban in india showing how important the game was for the company in respect to india.

Revenue loss due to pubg ban. India was one of its biggest markets with over 175 million downloads. Tencent loses 34 billion in market cap as india blocks the chinese gaming app the indian government s decision to ban popular gaming app pubg mobile has caused heavy financial. The recent ban on the popular mobile game pubg mobile has hit the indian gaming community hard but not as much as the game s developer tencent. Pubg ban can cause total loss of a massive rs 5 000 cr for china tencent loses 14 bn in market value indian government s decision to ban pubg has hit tencent games very hard with the company losing as much as 14 billion in market value after its shares fell 2 on thursday snapping two straight sessions of gain.

Tencent holdings the original publisher of the pubg mobile witnessed a 2 34 fell in shares intra day trading after the ban on pubg in india. The world s biggest video game vendor is having its unimaginable loss by getting banned in india. The popularity of pubg can be measured from the fact that battle royale title game pubg mobile has seen a global revenue of 1 3 billion rs 9 731 in the first half of this year despite all odds. According to a report the chinese tech giant has lost 34 billion in terms of market value just a day after the ban on 118 chinese apps in india.

But when it comes to revenue. Furthermore due to the drop in shares growth percentage tencent holdings recorded a loss of 14 billion approx rs 1 lakh crore in its market value after the immediate ban by the indian government. Tencent loses nearly 34 billion since the pubg mobile ban in india its second largest valuation dip this year. The impact of the pubg mobile ban in india is real and the developers could feel the heat.

Revenue loss for chinese apps due to the ban is estimated at 150 200 million dollars but more importantly they will lose out on the future potential of the world s second largest app download. It is the biggest loss the company ever had. However in the last few months pubg future in india hung in balance as the indian government decided to shut the door for 59 chinese apps in june amid the standoff with china at the border.