News > ByteDance in talks with India’s Reliance for investment in TikTok

ByteDance in talks with India’s Reliance for investment in TikTok

13/08/2020 12:05 PM | Click to read full article

Chinese giant ByteDance is engaging in early discussions with Reliance Industries Limited for backing TikTok’s business in India in a move to potentially save the popular video app’s fate in its biggest market by users.

TikTok has been banned in India since June 29 as a fallout of geo-political tensions with China that led New Delhi to ban the app over security and privacy concerns.

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