EDUCATION JOB GK UPDATE: The very popular TikTok in India can be re-entry into India,

Join Whatsapp Group

Friday, September 4, 2020

The very popular TikTok in India can be re-entry into India,

The very popular TikTok in India can be re-entry into India,

TikTok may make a comeback in India. Japanese company SoftBank is preparing to buy TikTok's Indian assets. According to sources, he is therefore preparing to buy Indian assets from Japanese company Softbank. According to sources, it is looking for an Indian partner and is in talks with Reliance Jio and Bharti Airtel.

Was banned in July
In July, the Indian government had banned 58 Chinese apps, including TicketLock, citing national security and privacy concerns. It was suspected that the company was sharing user data with the Chinese government. TikTok is also banned in the US and many technology companies are trying to buy their business there too.

Negotiations are going on in these companies
Tiktok's Chinese parent company Bitdance already has a partnership with Japanese conglomerate Softbank. According to Bloomberg, it has started Tiktok's efforts to buy the Indian business and is also in talks to partner with Reliance Jio Infocomm and Bharti Airtel. However, Jio and Airtel declined to comment. Softbank is looking for another option

In August, Japanese company Softbank invested in a number of startups in India such as Ola Cabs, Snapdeal, Oyo Rooms, before the discussion that Ticketok's Bharti. Reliance can buy the business.

TikTok is very popular in India
At the time of the ban, about 30 percent of Tektok's users were Indians and about 10 percent of its revenue came from India. As of April 2020, 2 billion TikToks have been downloaded from the Google Play Store and Apple App Store. About 30.3 percent and 61.1 crore downloads were from India.

According to mobile intelligence firm Sensor Tower, TikTok's download in India was higher than in China. TikTok has only 19.66 million downloads in China, which is only 9.7 percent of its total downloads.

No comments:

Post a Comment

Feature post.

How To Link Pancard To Aadhaar Card

  How To Link Pancard To Aadhaar Card:  Link Pancard with Aadhaar card : The last date for linking PAN card with Aadhaar card is March 31, 2...

Popular post