Chinese company ByteDance set to suffer Rs 45000 crore loss due to ban on TikTok

Indian government’s decision to ban TikTok and 58 other Chinese apps will cause huge financial losses to all these companies with ByteDance – TikTok’s parent company – expected to suffer a loss of Rs 45,000 crore (USD 6 billion).

from Zee News :Technology News https://ift.tt/2VH9hRo