Last week, ten cent fired nearly five thousand 500 employees. The tech company's revenues fell for the first time since two thousand four. Its net profits collapsed by nearly 60 per cen its share price is down by forty % over the past year. And if you're wondering why we're talking about ten cent, well, the company has invested over two billion us. Dollars in indian companiesSince 20 16, including names like share chat, local udan, swigi and ola.
In today's episode for 26th August 2022, we see if the Tencent meltdown will have an impact on India.