The developments come two days after the Indian authorities banned 118 apps and video games, principally from Chinese corporations, citing nationwide safety considerations. In an official assertion declaring the ban, the federal government claimed that the apps are “prejudicial to sovereignty and integrity of India, Defence of India, Security of State and Public Order”. Some of the opposite main video games additionally banned alongside PUBG Mobile embrace, ‘Rise of Kingdoms’, ‘Art of Conquest’, ‘Arena of Valor’ and extra.
Overturning the PUBG Mobile ban in India is of paramount significance to Tencent, which has misplaced $34 billion in market-cap within the two days for the reason that Indian authorities introduced its determination. According to Business Insider, that is the second greatest dip in Tencent’s valuation for the reason that firm misplaced $66 billion final month after the US president, Donald Trump, banned WeChat.
Meanwhile, the most recent directive is a part of the Modi authorities’s continued crackdown on Chinese apps and providers following lethal skirmishes between Indian and Chinese troops over disputed territory in Ladakh earlier this yr. Having banned a minimum of 59 apps and video games, together with TikTok, again in July, the federal government issued an identical directive in opposition to Chinese search engine, Baidu, and micro-blogging website, Weibo, final month. It will probably be attention-grabbing to see if the federal government is planning to ban any extra apps going ahead.