Free Fire suffers Massive Loss: Free Fire Ban in India leads to $16 Billion loss
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Free Fire Ban in India (image via. hellomoto.com.co)
Free Fire has been a well-known game in the Indian subcontinent and has a widespread player base. However, recently it has been in news for the Free Fire Ban in India by the Government along with 53 other China-based apps.
The order from the Indian Government was issued suddenly and a security threat explanation has been given for the ban of the Singapore-based game, Free Fire. This is a stark reminder of the September 2020 ban of PUBG and other Chinese apps from the App Store of iOS and Android devices. The central government has called it a “threat to privacy and security of Indians” and has blocked these apps until further notice from all mobile app stores.
The Free Fire Ban came as a shock to many as it had been one of the most popular games in the app store from the previous year. The ban also included apps like Viva Video Editor, Onmyoji Arena, etc, which are branded as based in China.
SEA loses $16 Billion in Free Fire Ban in India
SEA is the parent company for the Free Fire app and is a shareholder of Tencent, which is the Chinese tech giant. This company is based in Singapore and has suffered massive losses from the ban issued by the Indian authorities.
Related: Why Garena Free Fire Banned In India: Explained As Government Issues New Orders
The Free Fire market in India had grown considerably larger due to the PUBG ban 2 years ago, and many players stayed even after the release of BGMI Mobile. The massive player base also directly influenced the Esports scene and the growth of the game in this country. Garena Free Fire was also the highest-grossing mobile game of 2021 in India, and the ban has left many players without a career.
The ban has naturally caused a massive loss for the company with the estimated amount reaching a staggering $16 Billion. The parent company has responded to the claims and has stated that Indian privacy is being protected and they will comply with the laws and regulations of the government.
The ban has also included 53 other Chinese apps from the App Stores and is most possibly permanent.
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Also read: Free Fire gets removed from Google Playstore
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