Sat, 15-Aug-2020
Tuesday 30 Jun 2020 , 11:24 am

India’s Chinese App Ban Seen Jolting $1 Billion Expansion of ByteDance

China’s foreign ministry said it was “strongly concerned” about India’s decision, adding that India had a “responsibility to uphold the legitimate legal rights of investors including the Chinese companies.”
By SIN Bureau
Share at:

An Indian ban on dozens of Chinese apps following a border clash between the two nations has possibly derailed a $1 billion India expansion plan of China’s ByteDance, while also sparking an uproar from users of its popular TikTok video app.

TikTok was removed from Google and Apple app stores in India after New Delhi said on Monday night it was among the 59 apps which it believed posed a “threat to sovereignty and integrity”.

The government order didn’t name China, or cite the border clashes. App analytics firm Sensor Tower said all the 59 apps named were of Chinese origin, including Tencent’s WeChat and Alibaba’s UC Browser.

“If this is not rolled back, these companies would be constrained to cut back their operations in India, potentially resulting in a loss of employment,” said a lawyer who advises a Chinese company whose app has been banned in India.

China’s foreign ministry said it was “strongly concerned” about India’s decision, adding that India had a “responsibility to uphold the legitimate legal rights of investors including the Chinese companies.”

The biggest casualty of the move appears to be ByteDance, which has since last year hired several senior executives and laid out plans to invest $1 billion in India. India is TikTok’s top growth market and accounts for 30% of its 2 billion downloads worldwide.

TikTok said in a statement the Indian government had invited the company to respond to the ban and submit clarifications, adding that it complies with all data security and privacy requirements.

Read More




Neha Mule

Neha writes articles on sectors including medicine, food, materials, and science & technology. A qualified statistician, she has the ability to observe and analyze the trends in global markets and write compelling articles that help CXOs in decision making. She is a bookworm and loves to read fiction, lifestyle, science and technology. Neha comes with 6 years of experience in content writing and editing that involves blog writing, preparation of study materials and OERs.

More from Neha Mule

Smart News, Updates and Insights Drive Smarter Decisions

Smart Industry News is a one stop shop of industry news across the globe. We have a team of experts who provides latest updates on industry news to our readers daily. The news available on our website is general information and does not provide our customers with any legal or professional advice specific to any industry...

sales@smartindustrynews.com
media@smartindustrynews.com

Subscribe to our newsletter
Get the latest in your inbox weekly Sign up for the fully charged newsletter
Follow Us:
© The News and Media Division of The Insight Partners 2019 | All Rights Reserved