TikTok ban: Around 45,000 crores of loss for chinese company

After Ban on 49 Chinese mobile apps in India including Tiktok, UC browser, club factory, etc in India, people in the United States have praised the Indian government's action and launched a campaign to ban Chinese Apps and Tiktok.

TikTok ban: Around 45,000 crores of loss for chinese company






People have also supported the ban of 59 Chinese app companies in India. In addition to the government's law, the Google Play Store and the Apple App Store also put a ban on downloading and the use of banned apps.


Most famous, the Chinese based ByteDance company, which has a TikTok, had been banned in the Indian largest market. And Chinese media reported that BytDance has to face nearly Rs 45,000 crores of loss from the ban of TikTok in India.

In addition, Tiktok had the largest number of downloads and users in the country. Along with that, Tiktok earned 35 percent of the revenue that has been created from India.

The Chinese government has also protested the ban on Chinese apps in the largest consumer market. On the other hand, people in the US have praised the Indian government's action and launched a campaign to ban the Chinese App and TikTok.


China's Global Times reported that Chinese companies already decided about the next move to stay in the Indian market. Also, BytDance already made around Rs 7,500 crores of investment in the country.

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