Did you know! Tencent Benefits From Free Fire!

Free Fire (FF) as we know it is a mobile battle royale game that is on the rise.

The developer of FF itself comes from Vietnam, 111 Dot Studios, and is published by Garena.

With a total of 100 million people who is active in Free Fire every day, it is not surprising that this game is one of the best-selling games.

As we know, India recently banned 118 Chinese apps a few weeks ago.

Of the 118 banned applications PUBG Mobile and PUBG Mobile LITE included in the list.

Many want to know if this Chinese conglomerate has something in Free Fire.

Tencent has 25.6% in Free Fire

According to data, prior to the IPO of Sea Limited at New York Stock Exchange as of October 2017, Tencent was a stakeholder in Sea Limited with a 39.7% stake in the company.

Also Read: India Ban PUBG Mobile, What is the Fate of Their Esports?

Also Read: PUBG MOBILE BANNED IN INDIA, Here’s the Reason!

Even so, the latest news from the NASDAQ in August 2020 said that Tencent has 25.6% within Sea Limited, which is Garena’s superior company.

You can view the report on the web NASDAQ.

How come? Free Fire is the Mobile Game with the highest Top Grossing in Latin America and Southeast Asia in mid-2020.

Especially in India, since it was banned, it is one of the most famous battle royale games PUBG Mobile, many have moved to Free Fire.

Free Fire in India

There are many esports teams from India who are known for their prowess. One of them was TSM-Entity, which was competing in the PUBG Mobile World League (PMWL) East 2020 yesterday.

But there is something unique about the tires carried out by the Indian government, where Garena’s game, Free Fire, managed to escape from the Indian government’s tires, even though many of Garena thought it was from China.

Free Fire was developed by the studio Garena International I Private Limited. This studio is under the banner of Sea Ltd, a company located in Singapore.

Forrest Li is the CEO of the company. Li was born in China, but he is now a permanent citizen of Singapore and lives there.

Even though the company founder is from China, the application cannot be considered as Chinese, therefore, the game is not banned in India.

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