Friday, 24 March, 2023
Microsoft may takeover TikTok's entire global business, including India ops
<p>Microsoft and Bytedance's deal to buy TikTok’s assets may include its entire global operations, including India, its biggest market, said a Finacial Times report. Earlier reports suggested that the deal may be limited to TikTok's operations in the US, Canada, Australia and New Zealand. Few investors valued TikTok’s India business around $10 bn. India, where TikTok is banned along with 58 other Chinese apps, was its biggest’s biggest market with over 650 mn downloads.</p>
Read full story at The Economic Times
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