InsightsSuccess
Subscribe Now!
Get A Chance To Feature In Magazine By Submitting Your Interview Today!
No Result
View All Result
InsightsSuccess
  • Home
  • Industry Insider
  • Magazine
  • Franchises
  • Blog
  • Conferences
No Result
View All Result
InsightsSuccess
No Result
View All Result

Uncertainty Looms Large Over ByteDance’s India Plans

Uncertainty Looms Large Over ByteDance’s India Plans

Following a border clash between India and China over a disputed land in Leh, Ladakh region, India has banned dozens of Chinese apps. This ban has also possibly derailed a $1 billon India expansion plan of China’s ByteDance, while also sparking an uproar from its hugely popular video app TikTok.
Soon after the announcement, TikTok was blocked in Google and Apple app stores, later in the day TikTok’s already downloaded versions also stopped showing any kind of videos. With more than 600 million downloads, India has accounted for 30 percent of TikTok’s total 2 billion downloads till date. So, last year ByteDance hired several senior level executives with a plan to invest as much as $1 billion in India, which happened to be its top growth market.
However, the government didn’t name China, or cite the border clashes, an app analytics firm said all the 59 apps incidentally originates from China, which also include Alibaba’s UC Browser, Tencent’s WeChat.
On the other hand, TikTok said in a statement, India had invited the organization to respond to the ban and submit all the necessary clarifications, adding that it complies with all data security and privacy requirements. It did not comment on the future of its expansion plan.
According to a lawyer, who advises a Chinese company,“If this is not rolled back, these companies would be constrained to cut back their operations in India, potentially resulting in a loss of employment.”
China’s foreign ministry said it was “strongly concerned” about the decision, and the Chinese embassy in New Delhi said it suspected the move violated the rules laid by WTO.
On the other hand, this is not the first time TikTok has been banned in the country. Last year TikTok was banned briefly as a state court said, TikTok encouraged pornography, which eventually costed the company as much as $15 million a month.
Several Indian lawyers said the chances of success of a legal challenge this time were slim given the government had invoked national security concerns, meaning the Chinese companies can only hope to lobby India to reverse the decision.

Previous Post

What Is The Difference Between 2d And 3d Nand

Next Post

With Operational Factories Asia is Emerging from the Pandemic

Next Post
With Operational Factories Asia is Emerging from the Pandemic

With Operational Factories Asia is Emerging from the Pandemic

Recent News

After Indian Ministers Fail to Persuade Musk to Incorporate His Tesla Business in India, Musk Has Shifted His Focus to Indonesia
Recent News

After Indian Ministers Fail to Persuade Musk to Incorporate His Tesla Business in India, Musk Has Shifted His Focus to Indonesia

Elon Musk, the CEO of Tesla and SpaceX, is slated to visit Indonesia in November as he wraps up operations...

Read more
Asian-Equities

Asian Equities Struggle Following Crippling China Statistics

Elon-Musk

Elon Musk’s Legal Issues Are Causing Tesla and Twitter Stock to Fall

Google-logo

300 European Publishers Sign Content Deals with Google

A-apple-smartphone

Under a New Digital Watchdog, the UK Is Pushing for Stricter Tech Regulations

Path Breakers

Hubstaff

Hubstaff: Time and Workforce Management at Your Fingertips Virtually

Evonence LLC – Expert Google Workspace Partner Across North America

Evonence LLC – Expert Google Workspace Partner Across North America

Booster Box – A Passionate International Performance Marketing Agency for PPC Advertising Campaigns

Booster Box – A Passionate International Performance Marketing Agency for PPC Advertising Campaigns

Gary Olson | CEO | GHO Group LLC

GHO Group LLC: Bringing Vision to Reality

Josh Usheroff | Co-Founder | Black Box Productions

Black Box Productions: Crafting Visually Engaging Stories

Insights Success is an archway that caters to Entrepreneurs’ quench of technology and business updates which are currently ruling the business world.
We are ceaselessly proving the best platform for leading companies, which aids indefinite progress while creating meaningful learning experiences for the visitors and invaluable brand awareness for the clients.

  • About Us
  • Advertise With Us
  • General Disclaimer
  • Terms & Condition
  • Privacy Policy
  • Subscribe
  • Contact Us

© Copyright 2022, InsightsSuccess | All Rights Reserved.

No Result
View All Result
  • Home
  • Industry Insider
  • Magazine
  • Franchises
  • Women In Business
  • Blog
  • Conferences
  • IT & Innovations
  • Leadership
  • Healthcare
  • Money
  • Startups

© Copyright 2022, InsightsSuccess | All Rights Reserved.