INDIA has added 54 more apps of 'Chinese origin' to its list of banned applications, citing security concerns, reports Bloomberg.
The apps include Sea Ltd's flagship game Free Fire, and is the latest episode in the tensions between the two neighbouring countries, according to sources.
The apps banned by the South Asian nation's Ministry of Electronics and Information Technology include those belonging to large China tech firms such as Tencent, Alibaba and NetEase, and are re-branded versions of apps already banned by india in 2020, sources said.
Sea's stock sank as much as 19 per cent in New York, the steepest decline on record. Sea - founded in Singapore by Chinese-born founders who became Singaporean citizens - has been focusing on building a gaming and e-commerce business globally with early backing from Tencent, the largest shareholder of the company.
SeaNews Turkey
The apps include Sea Ltd's flagship game Free Fire, and is the latest episode in the tensions between the two neighbouring countries, according to sources.
The apps banned by the South Asian nation's Ministry of Electronics and Information Technology include those belonging to large China tech firms such as Tencent, Alibaba and NetEase, and are re-branded versions of apps already banned by india in 2020, sources said.
Sea's stock sank as much as 19 per cent in New York, the steepest decline on record. Sea - founded in Singapore by Chinese-born founders who became Singaporean citizens - has been focusing on building a gaming and e-commerce business globally with early backing from Tencent, the largest shareholder of the company.
SeaNews Turkey
