Glance’s parent, mobile advertising technology firm InMobi, also owns short-video app Roposo that has gained in popularity after TikTok was banned by the Indian government in July last year. SoftBank is a backer of InMobi Pte as well as TikTok’s Chinese parent, ByteDance, the report added. Softbank, ByteDance and InMobi, did not immediately respond to Reuters request for a comment. Last month, ByteDance reduced its 2,000-plus India team and said in a company memo that it’s unsure of resuming operations in India. According to the report, the Indian government will insist that user data and technology of TikTok stay within its borders if the talks progress.

Source: bd News24 February 13, 2021 09:33 UTC