Домой United States USA — IT India Just Cost TikTok Over $6 Billion

India Just Cost TikTok Over $6 Billion

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Earlier this week, India made the bold move to ban a number of Chinese apps, including TikTok. Perhaps TikTok is suffering from this ban the most, after
Earlier this week, India made the bold move to ban a number of Chinese apps, including TikTok. Perhaps TikTok is suffering from this ban the most, after all it was the most used app on the list of banned apps from the India government. And a report from shows that Bytedance Ltd., the parent-company behind TikTok could lose $6 billion as a direct result of the ban. The Indian government banned 59 Chinese-developed apps on Monday, and out of all 59, TikTok is likely suffering more than all of them combined. The majority of the apps were utilities, or apps that aren’t really used much in India.

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