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TikTok's parent ByteDance plans USD 1 bn investment in India in next 3 years

Unfazed by the ban on TikTok in India, the popular Chinese short video app’s parent ByteDance remains “very optimistic” and plans to invest USD 1 billion in the country over the next three years. ByteDance—touted to be among the world’s most valuable startups with investors like SoftBank, General Atlantic, KKR and Sequoia on board—also offers platforms like Helo and Vigo Video in India. ....

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