India remains open to investments from China despite border tensions, according to Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology
TikTok India: ByteDance may sell operations to InMobi s Glance, says report
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Roposo, Glance’s short video sharing platform, has witnessed a massive growth after TikTok ban
SoftBank is a backer of Glance’s parent InMobi Pte as well as TikTok’s Chinese parent, ByteDance
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China s ByteDance Ltd. has started exploring a sale of the Indian operations of TikTok to rival unicorn Glance, news agency
Bloomberg reported. Japan’s SoftBank Group Corp initiated the discussions, said people familiar with the matter, according to
Bloomberg. This move came after the Indian authorities indicated last month that the ban on TikTok app was permanent.