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

New Delhi: 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 […]

Bytedance

New Delhi: 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.