Sea Ltd-owned game Free Fire is currently unavailable in app stores in India, unit Garena International said late on Monday, a day after after India banned 54 apps of Chinese origin over security reasons.
Sea’s shares plunged 18.4% on Monday in New York, wiping off more than $16 billion from the company’s market value.
The game is not available in Google Play and iOS app stores and is not operable for some users in India, the Singapore-based company said, adding it was working to address the situation.
Political tensions between India and China escalated in 2020, resulting in New Delhi imposing a ban on 59 Chinese apps, including TikTok.
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