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VOICE ARCHIVE

Shilpa S. Ranipeta

@shilparanipeta
1 posts
2022-02-15
Singaporean firm Sea, developer of #FreeFire, wiped out $16 bn of value as the stock crashed 18% after India banned Free Fire along with 53 other Chinese-linked apps Free Fire was India's most downloaded mobile game in 2021 with 250mn downloads https://www.bloomberg.com/...
2022-02-15 View on X
Bloomberg

After India banned Sea's lucrative Free Fire game, the Singapore-based company lost $16B+ in market value, its largest-ever daily drop

Sea Ltd. lost more than $16 billion of value in its biggest daily market drop after India abruptly banned its most popular mobile gaming title.

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