TikTok Parent Company ByteDance Predicts $6 Billion Loss After India’s Ban

ByteDance expects to see a $6 billion USD loss after India banned TikTok and three other apps. India banned 59 apps in total with Chinese links, saying the apps are “prejudicial to sovereignty and integrity of India, defense of India, the security of the state and public order.” The ban on TikTok came amid rising […]

The post TikTok Parent Company ByteDance Predicts $6 Billion Loss After India’s Ban appeared first on Digital Music News.

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