Microsoft may takeover TikTok’s entire global business, including India ops

Microsoft and Bytedance’s deal to buy TikTok’s assets may include its entire global operations, including India, its biggest market, said a Finacial Times report.  Earlier reports suggested that the deal may be limited to TikTok’s operations in the US, Canada, Australia and New Zealand. Few investors valued TikTok’s India business around $10 bn. India, where TikTok is banned along with 58 other Chinese apps, was its biggest’s biggest market with over 650 mn downloads.

Click here to read the full story

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s