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06 May 2021

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ByteDance is reportedly negotiating a sale of Indian TikTok assets
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ByteDance is reportedly negotiating a sale of Indian TikTok assets 

In an interesting new development in the increasingly-complicated and geopolitical/economic situation between India and China, ByteDance is reportedly now looking to sell-off its Indian TikTok assets to local rival and unicorn Glance. The report comes from Bloomberg and concerns recently-initiated high-level and still secret talks. We’ll try our best to simplify thigs as much as possible here.

After India made its ban of 59 Chinese apps, including TikTok within the country permanent this January, ByteDance – the Chinese parent company for the short video sharing platform…
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