ByteDance pulls operations out of India following TikTok ban - News Summed Up

ByteDance pulls operations out of India following TikTok ban


The Indian government went through with its ban on TikTok and made it permanent, and today ByteDance returned issued its response. The platform owner has announced in an internal memo, acquired by Reuters, that it will cut the size of its 2,000+ team in India. The message also did not reveal how many people exactly would lose their jobs. India has been one of the biggest markets for TikTok, and ByteDance has laid out plans for $1 billion in investments in the country. Still, following a border dispute between China and India, there has been growing tension that eventually lead to blocked imported goods and over 200 banned apps.


Source: The Nation January 27, 2021 14:26 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */