We are reader supported. External links may earn us a commission.


ByteDance might sell Indian TikTok assets

By Prakhar Khanna February 15, 2021, 7:00 am
TikTok sale

ByteDance is said to be in talks to sell its India operations of TikTok in a bid to rival unicorn Glance. According to a new report, the company is in discussions with Japan’s SoftBank Group conglomerate. As per the sources, the talks are private as well as early and complex. For the unaware, SoftBank is a backer of Glance’s parent InMobi Pte as well as TikTok’s Chinese parent, ByteDance.

As per a new report from Bloomberg, ByteDance is in talks with SoftBank conglomerate to sell its TikTok India assets. The talks involve four sides including SoftBank, ByteDance, Glance, and the Indian authorities, which will decide the fate of the deal. The report goes on to say that SoftBank has been attempting to salvage TikTok’s India assets. Further, it has been hunting for local partners.


If the talks progress, it will require the Indian government to authorise the sale. It is likely to insist that user data and technology of TikTok stay within the Indian borders. That’s because, India-China relationship hasn’t been very well lately. The relations between New Delhi and Beijing remain strained. The sources said that India will make no allowances for China-based technology companies. Furthermore, any sale of TikTok could need approval from Chinese authorities.

TikTok’s potential partner, Bangalore-headquartered Glance Digital Experience is a mobile content platform. Glance has a TikTok competitor named Roposo, which has seen a massive growth after the TikTok ban in India.

In June last year, The Indian government’s Ministry of Information Technology banned a total of 59 Chinese apps in the country, which also included the famous short-video sharing app TikTok. It also banned the likes of CamScanner, Shareit, Mobile Legends, UC Browser, and Weibo. Later, PUBG Mobile suffered the same fate. The press release claimed that these apps pose a threat to national security and public order, and are ‘prejudicial to sovereignty and integrity of India’.


Latest Articles


Here's how the Apple iPod changed the world in 21 years

iPod was an industry-changing device at its time, and it had a massive impact on modern smartphones, and the way we listen to music. We take a last look at the now-discontinued Apple iPod and the history it leaves behind.

By Roland Udvarlaki May 11, 2022, 10:00 am

How to use Mic Modes in VOIP and FaceTime Calls

This guide will go over the steps you need to follow to activate one of the available Mic Mode settings on Apple Devices to begin using the feature and improve your calling experience.

By Aryan Suren May 10, 2022, 10:00 am

This iPhone 14 feature might urge users to upgrade

Until now, it appeared that iPhone 14 would only be a minor upgrade over the iPhone 13 series. However, a new leak suggests that the iPhone 14 will come with one feature that might urge users to upgrade.

By Sanuj Bhatia May 9, 2022, 5:00 am