TikTok was one of the fastest-growing short video platforms in India until the Indian government decided to ban it from the region two years ago, due to privacy concerns about the developer’s connections to China.
However, it appears that the ByteDance-owned app is looking to return to India through a new partnership.
Media report claims that Bytedance is exploring the idea of bringing back the popular TikTok app in India through a new partnership.
Advertisements
In addition, the company also plans to rehire its former employees and re-enter the market.
The company is in initial talks with the Hiranandani Group for a partnership in India.
For those unaware, Hiranandani Group is based in Mumbai and is one of the largest real estate developers in India with projects spread across Mumbai, Bangalore and Chennai.
Advertisements
The company also runs data centre operations under Yotta Infrastructure Solutions and recently launched a consumer services arm, Tez Platforms.
He expects to invest up to Rs 3.5 billion rupees over the next two to three years in the new business.
A senior government official confirmed to ET: “There have been no formal talks with us yet. But, we have been informed of the plans.
Advertisements
As and when they come to us for approvals, we will examine their request”.
If TikTok comes to India once again, it could partner with Hiranandani’s consumer technology business, Tez Platforms, or store data in the group’s Yotta Infrastructure data centres.
The report adds that Bytedance is also actively hiring for new roles in India.
Advertisements
If and only if the app is relaunched, it will need to follow the rules set by the Indian government.
This includes storing critical user data locally in India and not outside the country.
Finally, it is also not confirmed if it will be launched with the same brand or with a different one.
Advertisements
Next Story:
-
Asaduddin Owaisi Urges People To Participate In Caste Census
AIMIM President Asaduddin Owaisi urged the people to participate in the ongoing ‘caste census’ being taken up in the State.
-
Heavy Rains In Telangana For Next Three Days
The people of Telangana have been alerted because of moderate to heavy rains in the state for the next three days, according to the Indian Meteorological Department (IMD).
-
Abdul Hafeez From Telangana Elected As SIO India National President
Abdul Hafeez from Telangana was elected as the National President of the Students Islamic Organisation (SIO) of India.
-
Banks To Remain Closed On These Dates In December 2024
Banks will not function on 17 days in December on account of festivals, as well as on second and fourth Saturdays and all Sundays.
-
Youth Kills His Girlfriend With Knife In Madhya Pradesh
A youth stabbed his girlfriend seven times with a knife in broad daylight after accusing her of cheating in Madhya Pradesh on Wednesday afternoon. After seriously injuring the woman, the accused fled the scene.
Now you can get latest stories from Hydnow everyday. Click the link to subscribe. Click to follow Hydnow Facebook page and Twitter and on Instagram