Krafton to launch ‘PUBG: New State’ globally on Nov 11

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New Delhi, Oct 22 | South Korean game developer Krafton on Friday announced that its upcoming game ‘PUBG: New State’ will officially launch on iOS and Android in more than 200 countries on November 11.

Developed by PUBG Studios, the same company that created the highly successful PUBG: Battlegrounds battle royale video game for PC and consoles, ‘PUBG: New State’ will launch as a free-to-play next-generation mobile game in 17 different languages.

“PUBG: New State inherits the core of the PUBG IP and will have a competitiveness in and of itself on the global market.

“Krafton will continue to produce games that will be enjoyed by players across the world. We’re committed to offering an expanded experience based on the belief that games will become the most powerful type of media,” CH Kim, CEO Krafton said in a statement.

The company earlier announced that PUBG: New State has surpassed more than 50 million pre-registrations on iOS and Android as of the online showcase. Pre-registrations originally opened in February 2021 when Krafton formally revealed the game.

Krafton said the game recreates PUBG: Battleground’s original Battle Royale experience, making it the most realistic battle royale game on mobile.

The company also mentioned that it has been investing heavily in the development of Indian gaming, e-sports and IT entertainment industries with the establishment of its Indian office.

The company recently announced that after making it available for Android users, its Battlegrounds Mobile India is now available for iOS users.

Source: IANS

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Weekly Fundamental Market Outlook

Weekly Fundamental Market Outlook

Indian share market posted its first weekly gain in Jun by rising 2.7%.

This week, the Indian Stock Market rebounded strongly and ended with first weekly gain of 2.7% in June as a drop in commodity prices offered some relief from broadening inflationary pressures. Copper prices, which are often seen as a bellwether for economic output due to their wide range of industrial and construction uses, are heading for their worst week in a year, while oil prices have dropped over concerns of slumping demand.

While the US recessionary fears are still at the forefront, but the slide in commodity prices has lifted the mood of stock market.Cheaper oil is usually beneficial for oil-importing countries such as India.

Domestically, on sectorial basis, Auto and FMCG are the top gainers, while Metal index is the top losers. On stock basis, Hero MotoCorp, Eicher Motors, Hindustan Unilever, Maruti Suzuki and M&M were the top gainers and Tata steel, UPL, Reliance Industries, hindalco Inds and Coal India were the top losers.

In the next week, investors will keep a close eye on crude oil price movement, commodity prices, US economic activity and the geopolitical development.

 

Post Disclaimer by BhaskarLive.in

The information contained in this post is source form the news agency or PR agency. We do not take any responsibility of accuracy of information. We have not made any modification or changes in original source content. This information only for general information purposes only. The information is provided by BhaskarLive.in and while we Endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.

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