Tencent loses $14 bn in market value after India bans PUBG Mobile

Tencent lost $14 bn in market value after India banned its PUBG Mobile about two months after it banned the Chinese tech giant's WeChat messaging app.

Tencent shares fell 2% on Thursday, snapping two straight sessions of gain. India is PUBG Mobile's biggest market, accounting for roughly 175 mn installs, or 24% of the total, apps analytics firm SensorTower said

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