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:
-
BRS Leaders Held Protest Over CM Revanth’s Comments On BRS Women Leaders
BRS leaders staged protest condemning the objectionable comments made by Chief Minister A Revanth Reddy against senior women BRS leaders P Sabitha Indra Reddy and V Sunitha Lakshma Reddy.
-
Strict Action Against People Who Collect Parking Fees Against Rules: GHMC Commissioner
GHMC Commissioner Amrapali Kata said that action has been taken against the malls and multiplexes that are charging parking fees contrary to the rules within the GHMC.
-
Osmania University Rescheduled Telangana SET
Osmania University on Thursday rescheduled the Telangana State Eligibility Test (TG SET), which will now be conducted from September 10 to 13.
-
Heavy Rains Warning In Telangana
The Indian Meteorological Department, (IMD) Hyderabad Center has warned that heavy rains will occur in many districts of Telangana state.
-
Four People Involved In Dacoity Offence Arrested
Maidardevpally and CCS Rajendra Nagar teams proceeded and apprehended the four offenders at Sasthripuram at Sasthripuram namely 1. Aqeel, 2. Adnan, 3. Mohd Saif, 4. Moshin
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