ByteDance in talks to sell TikTok India ops to rival Glance
Glance s parent company InMobi Pte owns short-video app Roposo that has gained popularity in India after central government banned TikTok in July last year
BusinessToday.In | February 13, 2021 | Updated 22:29 IST
TikTok was banned in India in July last year
Chinese internet technology firm ByteDance, which owns popular short video sharing app Tiktok, is mulling to sale the India operations of TikTok to rival platform owner Glance, according to Bloomberg News. As per the report, the talks are in early stage and have been initiated by Japanese investment behemoth SoftBank which has shareholdings in Glance s parent company InMobi Pte as well as TikTok s parent, ByteDance.