ByteDance explores sale of Indian TikTok assets to rival firm Glance: Bloomberg

OSTN Staff

TOKYO (Reuters) – China’s ByteDance is said to be exploring the sale of the India operations of TikTok to rival unicorn Glance, Bloomberg News reported on Saturday.

The discussions, initiated by Japan’s SoftBank Group Corp, are private, early and complex, the report said, citing people familiar with the matter.

(Reporting by Aishwarya Nair in Bengaluru; Editing by William Mallard)

Read the original article on Business Insider

Powered by WPeMatico

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.