Garena’s Booyah! The app is a streaming platform where Free Fire players host live streams of their game-plays and watch others’ streams as well.
Sea Ltd, the parent company of Free Fire developer and publisher Garena, develops its popular streaming platform Booyah! shutting down. According to reports, the company is putting brakes on its development unit and is also laying off 30-40 employees.
Sea Ltd reported a loss of $1 billion in the previous quarter. The Singapore-based company has also halted several of its projects, including blockchain and public cloud projects, to cover its losses. Let us know about this in detail.
Free Fire Streaming App Booyah! will close
Garena’s Booyah! The app is a streaming platform where Free Fire players host live streams of their game-plays and watch others’ streams as well. Tournaments for Free Fire players are also hosted on this platform, where a lot of prizes are also given.
Free Fire and Booyah! India was an important market for the app, but the game has been banned here. Indian players contributed a lot to the game’s earnings. The improved graphics version of the game Garena Free Fire MAX and the streaming app Booyah! Still present on the Google Play Store, but the game’s earnings have decreased a lot since the ban.
Sea Ltd had almost doubled its workforce between 2020 and 2021. But now this job is being cut due to reduction in profits. By the end of 2021, there were 67,300 employees working in this company. In a statement to Reuters, a Sea Ltd spokesperson said the company “made certain changes to improve the efficiency of its operations that will impact multiple roles for the long-term strength of their ecosystem.”
The Government of India banned Free Fire along with 53 other apps on 14 February 2022. The Ministry of Electronics and Information Technology had said that these apps were a threat to the security of the country and the privacy of Indian users.