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TikTok is banned in India and now the latest report says that Chinese app developer ByteDance may sell the India operation of this short video sharing platform to InMobi Glance company. Let us inform that after the ban on the app in September 2020, recently the Government of India permanently banned TikTok. It is likely that the decision of this permanent ban has forced ByteDance to make this plan.

Bloomberg’s Fresh Report It has been claimed that China’s ByteDance Ltd may sell its operations in India to its rival InMobi Glance. In the report, citing a source with knowledge in this regard, it has been told that Japan’s SoftBank Group Corp has started talks in this matter. Let us inform that InMobi Glance is an Indian company making an app, whose short video sharing platform Roposo is already available in the market. of TikTok banned in india After this, the app gained a lot of popularity and was downloaded on a large scale. The app has more than 30 million monthly active users. Glance’s Roposo Indian app is And InMobi claims that Google and Mithril Capital have invested $ 145 million i.e. about 105 crores in the company.

SoftBank handles the finances of both Glance’s parent company InMobi and ByteDance. The report says that at present the deal between the two companies is dependent on the final order of the Government of India. Not only this, due to Chinese laws, the sale of TikTok will not be decided without the approval of the Chinese government. Apart from this, it is also reported that the Indian government will take this conversation forward only if the government is assured that the user’s data will not go out of India.

Apart from this, let us tell you that the app data analyzing agency Sensor Tower Report As per reports, TikTok is the second most downloaded app in January 2021. Tiktok got 6.2 crore downloads in January. China has the largest share of these downloads at 17%. After this, America’s share is 10 percent. However, a huge user base of the app is not included, as the app is still banned in India.

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