ByteDance in talks with India's Reliance for investment in TikTok: TechCrunch

  • 📰 Reuters
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

China's ByteDance is in early talks with Reliance Industries Ltd for an investment in its video-based app TikTok's business in India, TechCrunch reported https://techcrunch.com/2020/08/12/bytedance-in-talks-with-indias-reliance-for-investment-in-tiktok on Thursday, citing sources.

The two companies began conversations late last month and have not reached a deal yet, according to the report.The Indian government in June banned 59 Chinese apps, including TikTok and WeChat, for threatening its “sovereignty and integrity” after border tensions with China.

Last week, U.S. President Donald Trump unveiled bans on U.S. transactions with the China-based owners of messaging app WeChat and TikTok, escalating tensions between the two countries.Social media platform Twitter Inc has also expressed interest in having a deal with TikTok, sources familiar with the matter told Reuters late last week.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Loool! Imagine if Ambani ji actually does buy a stake in something Modi ji doesn't approve of.

getting desperate. India should also ask for that mountain border land they were fighting about too.

Time is running out......

Don't worry India will not do that

全世界所有除美國這個流氓國家之外必須壹起行動起來“幹凈網絡”,徹底制裁美國這個流氓政府無賴政客的對全世界的無法無天的肆無忌憚的監控!民主價值觀和尊重人權在這個地球上最厚顏無恥的美國流氓無賴嘴裏說出來簡直是玷汙了人類!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines