Tech

TikTok’s Indian Division Could Be Sold To Glance

Bengaluru: The TikTok ban has turned out to be an expensive proposition for parent ByteDance. It has already fired 1,800 employees in India and is now looking to sell off its Indian assets to rival Glance.

TikTok faced the brunt of the Indian government following the India-China border clash which led to the ban of several Chinese apps.

The sale would, however, let TikTok be back on the market.

SoftBank, one of the investors in TikTok, has reportedly held discussions with Glance’s parent company InMobi Pte and ByteDance.

Neither companies have officially commented on the matter yet.

Also Read: Facebook Announces Collab App; To Rival TikTok

 

OB Bureau

Recent Posts

When A ‘Powerful Man’s Wife’ Broke Into Varun Dhawan’s House To Elope With Actor!

Mumbai: Bollywood celebrities have often had funny, at times bizarre experiences, mostly involving hero-worshipping, demanding fans.…

11 hours ago

Jatra Party Owner Arrested For Duping Actress Of Over Rs 8 Lakh In Bhubanewar

Bhubaneswar: Police have arrested the owner of a Jatra (theatre) group for allegedly duping an…

11 hours ago

How Punjab Farmers Have Paved The Way For Revival Of Organic Desi Cotton

Sanskriti Talwar Faridkot (Punjab): For the third consecutive year, Balwinder Singh of Mallan village in…

12 hours ago

Rain May Play Spoilsport During Christmas & New Year Celebrations In Odisha

Bhubaneswar: Rain may play spoilsport in Christmas and New Year celebrations in Odisha as the…

12 hours ago

Now, Amazon Prime Cracks Down On Password Sharing; Check Out Details Here

New Delhi: Netflix showed the way, Amazon Prime Video is following in their footsteps. Come…

12 hours ago

[Watch] Allu Arjun’s House Vandalised By Protesters Over ‘Pushpa 2’ Stampede; Know Their Demands

Hyderabad: Allu Arjun’s woes keep mounting. In a worrying development, protesters stormed Allu Arjun’s Jubilee…

13 hours ago

This website uses cookies.