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ISSUE 107
18 / 08 / 2020
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ByteDance in talks with India's Reliance for investment in TikTok: Report

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ByteDance in talks with India's Reliance for investment in TikTok: Report
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China’s ByteDance is in early talks with Reliance Industries Ltd for an investment in its video-based app TikTok’s business in India. The two companies began conversations late last month and have not reached a deal yet.The Indian government in June banned 59 Chinese apps, including TikTok and WeChat, for threatening its “sovereignty and integrity” after border tensions with China.

https://telecom.economictimes.indiatimes.com/news/bytedance-in-talks-with-indias-reliance-for-investment-in-tiktok-report/77517280

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