PUBG Cuts Ties With Tencent In India

Author:
Publish date:
Video Duration:
1:09

PUBG has cut ties with Chinese tech giant Tencent in India.

On Tuesday, PUBG corporation, a South Korean gaming company, released a statement announcing its decision.

"In light of recent developments, PUBG Corporation has made the decision to no longer authorize the PUBG MOBILE franchise to Tencent Games in India," PUBG said. "Moving forward, PUBG Corporation will take on all publishing responsibilities within the country."

"As the company explores ways to provide its own PUBG experience for India in the near future, it is committed to doing so by sustaining a localized and healthy gameplay environment for its fans," it added.

The move comes after India banned 118 Chinese apps, including the popular mobile game PUBG on Sept. 2.

"In the interest of sovereignty and integrity of India, defence of India and security of the State. And using the sovereign powers, the Government of India has decided to block the usage of certain Apps, used in both mobile and non-mobile Internet enabled devices," a statement from India's IT Ministry read. 

India has been retaliating against China since the country lost 20 soldiers in a clash with Chinese forces in June. More recently, India lost another soldier to the ongoing conflict, which prompted its leaders to ban more apps linked with China.

Earlier in June, India banned TikTok along with 58 other Chinese apps, citing "national security concerns."

Before the ban, PUBG Mobile was widely popular in India, with more than 40 million monthly active users.

It’s unclear whether India will reverse the ban following PUBG's move. Also, Tencent hasn't released a statement on PUBG's decision yet.

Latest Videos From TheStreet and Jim Cramer: