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		<title>Tiktok to shut down his Indian Business</title>
		<link>https://adeventmedia.com/tiktok-to-shut-down-his-indian-business/</link>
		
		<dc:creator><![CDATA[Ranjeet Gupta]]></dc:creator>
		<pubDate>Wed, 27 Jan 2021 10:38:52 +0000</pubDate>
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					<description><![CDATA[<p>China&#8217;s company Bytedance has announced the shutting down of its Indian business. This announcement has been made by ByteDance after the talk of continuing the ban on the company&#8217;s services in the country. Bytedance is owned by Tiktok and Helo Apps.  Venice Papas, the interim head of Tiktok&#8217;s global business, and Blake Chandley, vice president of Global</p>
<p>The post <a href="https://adeventmedia.com/tiktok-to-shut-down-his-indian-business/">Tiktok to shut down his Indian Business</a> appeared first on <a href="https://adeventmedia.com">Ad Event Media</a>.</p>
]]></description>
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<p>China&#8217;s company Bytedance has announced the shutting down of its Indian business. This announcement has been made by ByteDance after the talk of continuing the ban on the company&#8217;s services in the country. Bytedance is owned by Tiktok and Helo Apps. </p>



<p>Venice Papas, the interim head of Tiktok&#8217;s global business, and Blake Chandley, vice president of Global Business Solutions, said in a joint letter to the company&#8217;s employees that the company was reducing the size of its team and that it would have an impact on all employees in India will get. </p>



<p>A bytedance source said that the company organized a townhall on Wednesday, where the company announced the closure of its Indian business. </p>



<p>When contacted, a Tiktok spokesperson said that the company worked fast enough to comply with the Government of India&#8217;s order of June 29, 2020 and was continuously working to make its app compliant with Indian regulations. </p>



<p>The spokesman said that it is disappointing that despite efforts in the last seven months, we have not got clear guidelines about how and when our apps will be released.</p>



<p>He said, &#8220;We are hopeful that we will get a chance to relaunch TikTok and support crores of users, artists, story tellers, educators and performers.&#8221;</p>
<p>The post <a href="https://adeventmedia.com/tiktok-to-shut-down-his-indian-business/">Tiktok to shut down his Indian Business</a> appeared first on <a href="https://adeventmedia.com">Ad Event Media</a>.</p>
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