India launched another digital strike against China on Wednesday. The online game Pubji is banned in the country. At the same time, 118 more Chinese apps have been banned. Earlier, the Modi government had banned 150 Chinese apps on two occasions.
China's first day of losses was ১৪ 1.4 billion due to the ban on pubs in India. The share price fell 2 percent on the first day. The share price fell 3 percent on the second day. In all, the market value of China's Tencent, the owner of Pubji, has fallen by about বিল 34 billion in the last two days.
It is to be noted that 24% of the users of Pubji were Indians. There were about 33 million PUBG users in India As a result, Tencent played a big role. The Indian government has banned 118 Chinese apps, including Pubji, under Section 69A of the country's Information Technology Act. The 116 apps, including PUBG, are a threat to India's sovereignty, integrity, defense and security of its citizens, the IT statement said. So these are banned.
"We value users' privacy and data protection," Tencent said. We comply with data protection laws. We would like to inform our Indian authorities about our policy on user data protection. Hopefully the matter will be reconsidered. We look forward to talking to the Government of India.
Meanwhile, in protest of India's decision, China's Commerce Ministry said that India's move was a blow to the interests of Chinese investors. So Nick India corrects the mistake.