Tittock’s parent company ByteDance is planning to sell its Indian business. Both companies have not reached any deals yet. The companies have not yet responded to the case. the favorite Chinese app of the youth in the country may once again be the entry of Tiktok. According to a report, the Reliance company can buy Tiktok’s Indian business. The report said that discussions are going on between TikTok parent company ByteDance and Mukesh Ambani-owned Reliance. However, both companies have not reached any deal yet. Reliance and TikTok have not yet responded to the case.
Let us tell you that in the month of July, the Government of India had banned 59 Chinese apps including Tiktok. The government has banned Tiktok and other Chinese apps, citing privacy.
Most popular in India in banning the app
At the time of the ban, 30 percent of Tiktok users were Indians and about 10 percent of its earnings were from India. Till April 2020, 2 billion downloads of TikTok were downloaded from Google Play Store and Apple App Store. about 30.3 percent or 61.1 crore downloads were from India. According to the mobile intelligence firm Sensor Tower, the download of TikTok has become more than China in India. TikTok download in China is only 19.66 crore, which is just 9.7 percent of its total download.
TikTok banned in America too
Last week, the US also approved a ban on the Chinese app. However, the US has given BiteDance until September 15 to sell TikTok US business to an American company. Microsoft and Twitter race to buy TikTok US business